In this podcast, ERSA’s host speaks to Isaah Mhlanga, a Chief Economist at Alexander Forbes about the latest unemployment figures released by Statistics South Africa’s Quarterly Labour Force Survey. Given the abnormal nature of lockdown, we discuss how Statistics South Africa had to adapt their data collection techniques and adopt a globally consistent methodology to calculate the labour force statistics. After listening to this podcast, you will have deeper understanding of why our unemployment rate went down despite the fact that job losses this quarter were in excess of job loss expectations for the year. Isaah gives some practical advice for policy makers and some insights regarding what we can expect going forward over the next few years.
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