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Two Policies To Alleviate Unemployment In South

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The COVID-19 shock and the revised economic outlook

The COVID-19 shock and the revised economic outlook

www.treasury.gov.za

Figure 3.1 GDP growth and unemployment Source: Statistics South Africa Economic impact and response to pandemic The global economic contraction brought about by COVID-19 has unfolded with unprecedented speed, hitting developing countries particularly hard. In 2020, according to the World Bank, developing economy output is

  South, Unemployment

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