Tough economy sees 64% of young South Africans moving back home – but is there a silver lining?

17 Sep 2020

Estelle Nagel

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Statistics SA reported that of the 20.4 million young people aged 15 to 34 in South Africa, about 8.5 million were unemployed.

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The South African economy is most likely the Covid-19 coronavirus patient that has suffered the most, with the National Income Dynamics Study – Coronavirus Rapid Mobile Survey conducted in July 2020 citing an 18% decline in employment between February and April this year.

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