The truth has been suppressed for long enough, it is time for the world to hear the other side of the story.
The South African economy in the 1960's experienced a growth rate of 6%, with an inflation rate of only 2% which stimulated economic growth across the racial spectrum. Unemployment across all races stood at only 4-5%.
Today, the country we call South Africa, the "NEW" South Africa, is but a mere depressing sight.
SA jobless rate at 23.6% in Q2
South Africa’s official jobless rate stood at 23,6% of the labour force in the second quarter of 2009, up slightly from 23,5% in the first quarter, a labour report showed on Tuesday.
In its latest quarterly Labour Force Survey, Statistics South Africa said the total number of unemployed people stood at 4,125 million in the second three months of this year.
Stats S.A. said the number of employed people fell by 267000 to 13,369 million.
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