How does unemployment affect South Africa?
Answers
Explanation:
Unemployment has both individual and social consequences that require public policy interventions. For the individual, unemployment can cause psychological distress, which can lead to a decline in life satisfaction. ... South Africa has a very high unemployment rate of 29.1%
They described unemployment using negative descriptions such as “a huge garbage heap filled with bad things”, “life is over”, “danger and death”, “a man-made grave”, and “a monster”. One young participant explained that unemployment brought “a black heart full of sorrow and pain; the heart is broken, angry, sore and sad”. The words “pain” and/or “sad” were used by eight of the 12 participants.
Answer:
Explanation:
Unemployment has both individual and social consequences that require public policy interventions. For the individual, unemployment can cause psychological distress, which can lead to a decline in life satisfaction. ... South Africa has a very high unemployment rate of 29.1%
Key Takeaways. The unemployment rate is the proportion of unemployed persons in the labor force. Unemployment adversely affects the disposable income of families, erodes purchasing power, diminishes employee morale, and reduces an economy's output.