COSATU’s Parliamentary coordinator Matthew Parks. Picture: X/Radio702
The union has commanded a bold and decisive action to tackle the country’s unemployment crisis.
The Congress of South African Trade Unions (COSATU) has sharply criticised South Africa’s worsening unemployment.
COSATU has dubbed the latest Statistics South Africa (Stats SA)’s Quarterly Labour Force Survey (QLFS) for the second quarter, showing an increase to 33.6% in the second quarter, a “ticking time bomb” and a national emergency.
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The union has commanded a bold and decisive action to tackle the country’s unemployment crisis.
“This extent of this crisis requires a bold and aggressive stimulus package to kickstart the economy rebuild, public and municipal services, make capital affordable and accessible for SMEs [small and medium-sized enterprises] and industrial sectors and extend relief and expand public employment programmes,” said COSATU’s parliamentary coordinator, Matthews Parks.