Business Daily Keeping the lights on in South Africa
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Dec 11, 2024 The recent coalition government in South Africa has sparked optimism among the business community, highlighting hopes for economic stability. Power cuts are slowly decreasing, and stock market positivity is emerging. Personal stories reveal the struggles of job seekers amidst high unemployment. The private sector is looking for effective governance to bring about necessary reforms. Youth perspectives reflect a mix of hope and concern as they pursue education and opportunities despite the challenging landscape.
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High Unemployment in South Africa
- South Africa faces high unemployment, with one in three adults jobless.
- This rate is significantly higher than a decade ago.
Job Seeker's Struggle
- Esmeralda, unemployed for almost six months, struggles to find work despite submitting numerous CVs.
- She's willing to take any job, even outside her preferred caregiving field.
Single Mother's Job Search
- A 50-year-old single mother lost her caregiving job and is struggling to find new employment.
- Despite applying to various places, she hasn't received any responses.