Unemployment in South Africa: Worse Than Oregon, Spain

The ANC has promised to create jobs to help slash a 21.9 percent unemployment rate [in South Africa], the highest of 62 countries tracked by Bloomberg…

I’m sure that Zimbabwe has higher unemployment, but still, 22 percent is riddonkulous.

South African Stocks, Bonds Gain as ANC Vote Nears Two-Thirds – Bloomberg

Thursday, April 23rd, 2009 Economics, Emerging Markets, No F***ing Way, Politics   

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