Wednesday, October 29, 2008

Cosatu is concern about unemployment

By Mandisi Tyulu
29 October 2008


Cosatu says it is seriously concerned at the rise in South Africa’s official unemployment rate, with four-million-122-hundred-thousand workers officially without jobs.

Spokesperson Patrick Craven says alarm bells are ringing for workers as the trend reverses a recent succession of small reductions in unemployment.

Craven says the unemployment figures are especially disturbing when viewed in the context of the global financial crisis, which is being predicted to lead to more job losses. However, the latest increase in unemployment pre-dates the current crisis and must reflect other causes.

“We as Cosatu are calling on government to adopt policies that will reverse the situation we are facing.”

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