what is the 2015 south africa's youth unemployment rate and what are the contributory factors to this state of affairs?

The 2015 South Africa's youth unemployment rate is approximately at 25.0%. The country’s worst levels of unemployment were experienced in 2002 and 2003, when the rate climbed over 27%; however, relative to other countries, the highest placement in the ranking was in 2000, when the rate of 26.7% was the 5th highest in the world.

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pstnonsonjoku pstnonsonjoku · Answer 2 · 2022-03-30T08:11:33-04:00

The unemployment rate of the youth in South Africa as at the year 2015 stood at about 50.31% owing to loss of about 28,100 full time jobs.

What is Unemployment?

The unemployment rate of the youth in South Africa as at the year 2015 stood at about 50.31% which is outrageously high. This is a very unsustainable unemployment rate for an economy.

The reason for this very high rate of unemployment is the fact that there was a loss of about 28,100 full time jobs in 2015. This massive job loss led to a shrinkage in the economy as well pushed more people into unemployment hence the massive youth unemployment in South Africa in 2015.

Learn more about unemployment: https://brainly.com/question/16357973