South Africa: Concerns Over South Africa's Weakening Labour Market

[SACCI]In a statement issued today the CEO of SACCI, Mr. Neren Rau, said: QUOTE: The South African Chamber of Commerce and Industry (SACCI) is concerned over the 36.7% broad unemployment rate recorded for the first quarter of 2013. The number of unemployed persons and discouraged work seekers increased by 173 000 over the past quarter. This in itself serves as powerful warning that the current culture of knee-jerk industrial action and the increased rigidity of labour regulations stifles employment creation and i

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