In recent months, a number of large companies in several sectors have retrenched employees or discussed the possibility of cutting jobs, including companies in the mining sector. The bank says although this is bad news, the country can survive this if jobs are created for the growing working-age population.
The bank says South Africa’s working age population is set to rise by another 9 million people by 2050 and presents a window of opportunity for economic growth.
READ MORE
Follow us on Facebook:
PEFM 87.6
Follow us on Twitter:
@PEFMnews
Listen to us on streaming internet radio at: Tunein and from our website at: PEFM
International Correspondent Scott Congdon can be reached at:
Mail: scottcpefm@gmail.com
*Note: Views expressed in the commentaries on this website are those of individual authors and not necessarily those of PEFM 87.6 or our presenters or correspondents. Quotes are obviously the opinion of the source. A quote is just a quote and these are offered without comment. Use of a news story or commentary is not an endorsement of the source website.
© PEFM 87.6
No comments:
Post a Comment