Wednesday, 31 July 2013

Economy News Headlines - Yahoo! News: South Africa's Marcus says reducing unemployment is job No.1

Economy News Headlines - Yahoo! News
Get the latest economy news headlines from Yahoo! News. Find breaking economy news, including analysis and opinion on top economy stories, photos and more. 
South Africa's Marcus says reducing unemployment is job No.1
Jul 31st 2013, 07:32

South African central bank Governor Gill Marcus is seen against a partial logo of of the Reserve Bank after making an announcement in PretoriaJOHANNESBURG (Reuters) - South African Reserve Bank Governor Gill Marcus said on Wednesday reducing chronic unemployment on a sustainable basis is the single most important economic objective. Government data a day earlier showed unemployment was at 25.6 percent in the second quarter and that about 4.7 million South African job seekers were without work, the highest figure in the survey's five-year history. (Reporting by Xola Potelwa; Writing by Jon Herskovitz; Editing by David Dolan)


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