According to the statistics reported by Statistics South Africa, the national unemployment rate was 33,6% in the second quarter, 2026. This represents a growth of 0,9%, quarter-on-quarter, compared with the period January to March 2026, and a growth of 0,4% on a year-to-year basis, compared with the period April-June 2025.

The point I want to make is this: The popular believe and perception in South Africa that the United States of Anmerica is on the brink of collapse as a dominant world power is highly unlikely to materialise any time soon. The United States’ policies and framework for driving sustained economic propensity is sound. That, and, even more importantly, compared with the United States, South Africa has chosen the losing path, the road to poverty. Neither is that of Europe...

Over the period 1980 to 2025, the median annual unemployment rate was 22,2%, Over the period 1961 to 1993, the median annual unemployment rate was 14,8%, over the period 1994 to 2025, 23,3% and from 2008 to 2025, 25,8%.