Unemployment Crisis | 'Most jobs shed in sectors that depend on consumer demand': Nicky Weimar

The number of unemployed persons increased in the second quarter.
Data from Stats SA shows the official rate of unemployment went up to 33.5% in the quarter - from the 32.9% in the first quarter.
The number of discouraged work seekers also went up 4.8% compared to the first quarter of the year.
Nicky Weimar, Chief Economist at Nedbank joins me now for more on this.
For more news, visit sabcnews.com and #SABCNews on all Social Media platforms.

[@MalokaJohan]

Ramaphosa is so relax, lacks strategies or zeal to address the unemployment issue.

[@phelelanimafuleka3854]

As a citizen of this country, I don't know why Ramaphosa is still the President.

[@RianRian-em2ng]

The problem is the ANC destroyed all the enterprises and and okay SA mmmmmm

[@cloudstrife8791]

"The job losses due to the temporarily created election jobs."Ya... Cyril did say ancc will create job opportunities and not jobs/full time. Easy anc stat/manifesto points with nothing for the workers to celebrate long term... BEE doing great just reading every week the next company in business rescue...

[@Tinker8531]

You forgot construction companies hiring illegals instead of South Africans as do hotels, etc. Its not only ANC and BEE it is also Greedy White Businesses not wanting to let go of exploiting Black labour.

[@vanessasmook4229]

It's what the people want.

[@user-ie4jw8hp8q]

We need more racial discriminatory laws 👍 That would be a great incentive for job creation.

[@KaraBähoToprak]

Ramaposa is the worst president we have ever had.

[@Kalfie-yv2ni]

elephant in the room: uncontrolled birthrate....teenage pregnancies....