Even war zones have had lower unemployment rates
The expanded definition of unemployment is near its record high with 9.4 million people who want a job.
This is up from 5.2 million in the early 2000s. This rate has been mostly more than 30% and is now close to 36.8%.
“Last year the unemployment rate for the whole of Southern Africa was estimated to be 25.6%‚ but that included Zimbabwe, which claims to have an unemployment rate of only 5.1% and Zambia at 7.6%,” said Schussler.
“If unemployment in Zimbabwe were measured correctly‚ I am sure the number would be well over 28%. Even war zones have had lower unemployment rates. For example‚ current estimates of unemployment for Iraq are lower than for South Africa‚” said Schussler.