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Articles on Unemployment rate

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A South African street vendor awaits customers. The country has some of the highest inequality in the world. Mujahid Safodien/AFP via Getty Images

A basic income grant for South Africa: more money in poor people’s pockets, but at a heavy cost

An unfunded expansion of the social transfer system could lead to even worse economic outcomes — the medicine should not be worse than the disease.
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Why unemployment is set to stay below 5% for years to come

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.
Minimum wage is no match for rising cost of living. Photo by Adekunle Ajayi/NurPhoto via Getty Images

A gloomy May Day awaits Nigerian workers

With a monthly minimum wage of 30,000 Naira (US$72), the average Nigerian worker is groaning under the weight of the rising cost of living.

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