Cosatu Welcomes Dip in Unemployment Rate in South Africa

Cosatu Welcomes Dip in Unemployment Rate in South Africa

S A. Union Cosatu says the slight dip in the unemployment rate is a welcome reprieve, coming on the back of three consecutive quarters of job losses. About 294-thousand more people were employed in the third quarter of this year. Cosatu’s, Matthew Parks, says unemployment remains dangerously high among young people. He says the private sector needs to come to the party by halting the flood of retrenchments […]

November 13, 2024 22

Business / Economics

U.S. economy grew at a slower pace than expected in the first three months of the year.

The U.S. economy grew at a slower pace than expected in the first three months of the year. Analysts saw elevated interest rates and stubborn inflation are the major headwinds. William Denselow reports from New York.

April 26, 2024 44