Jobs under pressure as risks rise
The negative unemployment figures for the first quarter of 2026 are another early warning signal of the shock that the global energy crisis is beginning to have on the South African economy and jobs.
Prof. Raymond Parsons, economist from the North-West University (NWU) Business School, says that while the economy has some resilience and economic buffers, these buffers are limited and partial, with – for now – little room to extend them.
