OFM The OFM Business Hour

Employment fell by 2.2 million

Loading player...
South Africa's unemployment rate fell to 23.3% in the second quarter of 2020 from 30.1% in the previous period. It was the lowest jobless rate since the second quarter of 2009, as the country's strict lockdown distorted labour force numbers with fewer people actively looking for employment. Jaco Spies, Labour Expect, takes us through the reasons for this shift and also elaborates on the psychological impact of the National Lockdown on people searching for employment and those who are still employed.
1 Oct 2020 1PM English South Africa Business · Daily News

Other recent episodes

WEF 2026 key takeaways for African countries

This year’s World Economic Forum (WEF) in Davos, Switzerland, underscored a simple truth: the rules-based global order as we knew it is shifting. But is this a moment of crisis or a window of opportunity particularly for African countries? International relations analyst Aaliyah Vayez unpacks the standout moments from WEF…
26 Jan 9AM 45 min

Verstaan jou regte by eiendomsveilings

Wat gebeur wanneer ’n eiendom wat op ’n veiling gekoop is, met kenmerke bemark word wat nie deel van die verkoop is nie? Ons ontleed ’n baanbrekers-uitspraak oor verbruikersbeskerming ná ’n Limpopo-egpaar ontdek het dat die dam en wild wat gebruik is om ’n wildplaas te verkoop, in werklikheid op…
22 Jan 12PM 11 min

Foot-and-mouth disease forces Bloem Show to cancel livestock showcase

The organisers of the much-anticipated Bloem Show have cancelled the livestock showcase for 2026. This is due to the ongoing outbreak of foot-and-mouth disease in South Africa. Bloem Show CEO, Elmarie Prinsloo, says that the decision was a difficult one for them to make. However, the rest of the event…
19 Jan 9AM 2 min
All episodes