The country simply cannot afford a year of 'Ramapostponia', as Nedbank Group CEO Mike Brown puts it. Picture: Archive photo: Thembela Ntongana
Trade unions are in despair at the latest unemployment statistics.
Saftu general secretary Zwelinzima Vavi said: “The South African Federation of Trade Unions (Saftu) is appalled by yet another rise in the rate of unemployment. And worse is to come.
“The fight must now be stepped up to a new level to save every job and against the ANC president’s capitalist economic policies to prop up the system of monopoly capitalism that has pauperised the working class, created the widest inequality in the world and is now making the rich even richer and the poor even poorer.”
Congress of SA Trade Unions spokesperson Sizwe Pamla commented: “This is not surprising at all because very little has been done to kickstart the economy and the private sector rejected the moratorium during the recent job summit.
“The people need government to explain in simple language if they have a plan or not to grow the economy that is not premised on firing those currently employed.”
Unemployment statistics up to 27.5% in third quarter
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