SA’s Jobs Crisis Extends To Engineering Sector

Employment in South Africa’s formal non-agricultural sector grew by 22 000 in the first quarter of this year – but is this figure a false glimmer of hope for South Africa’s unemployment rate when companies such as Parmalat, MultiChoice, Standard Bank and many more and cutting the jobs of hundreds of employees.

Connie Mulder, Head of Solidarity’s Research Institute, Motshabi Nomvethe, Head of Technical Marketing at PPS and Mohau Mphomela, Executive Director at Master Builders Association North join CNBC Africa for this discussion.

Article and Video Source: CNBC Africa

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