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Home>South Africa Unemployment Hits 11-Year High

South Africa Unemployment Hits 11-Year High

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Tue, 26 May 2015

By Patrick McGroarty PRETORIA, South Africa--Unemployment in South Africa shot to an 11-year high as power outages, drought and widespread pessimism dragged down growth in the long-beleaguered economy. South Africa's unemployment rate shot to 26.4% as the economy expanded just 1.3% in the first
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