Earnings of laid-off workers in southern Europe are 30% lower five years later, while in northern countries the decline is less than 10%. The differences are largely due to the likelihood of finding a new job.
Protesters and police clash during a march against illegal immigrants in South Africa.
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William Hauk, University of South Carolina; Lisa Miller, University of Colorado Anschutz Medical Campus, dan Wayne Au, University of Washington, Bothell
President Joe Biden’s suggestion that the COVID-19 pandemic is over has led to a backlash among some experts who suggest the comment is premature – and counterproductive.
People trained in the informal sector are equally skilled or better than those who attended formal training.
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Lixin Jiang, University of Auckland, Waipapa Taumata Rau
Turns out, job insecurity doesn’t really improve employee performance. What it does do is cause staff to check out and create a potentially unsafe environment.
South Africa’s education system has not given people numeracy and technical skills needed for jobs like plumbing.
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High unemployment rates are among South Africa’s biggest challenges. Three of the president’s advisors talk through what is needed to change the status quo.
Peter Martin, Crawford School of Public Policy, Australian National University
What’s driving this new ultra-low unemployment? Digging into economic data reveals something we haven’t seen before – which has already changed the lives of almost 100,000 Australians.
Employees work on manufacturing a car at a Volkswagen plant in Uitenhage, South Africa.
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With a recession seeming imminent, many Canadians are rightfully concerned about the state of their finances. Here are some ways you can be prepared for one.
The governing ANC’s policy proposals don’t inspire confidence.
EFE-EPA/Kim Ludbrook
The deliberations were characterised by disingenuous, counter-factual policy pronouncements, and de facto denials of the ANC’s culpability in causing many of the current problems facing the country.
Former South African president Thabo Mbeki.
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Every South African who cares about the future of the country will agree with former president Mbeki that, to avert disaster, something must be done urgently about its deep socio-economic problems.
Fears that the U.S. is in recession are growing.
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The US economy shrank for a second straight quarter. While some call that a recession or a strong sign of one, a financial economist explains why the term probably doesn’t yet apply.