Question
1.13 Read the following and answer question 1.13, 1.14. SA hits record unemployment rate South Africa's unemployment rate reached a record 34.9% for the third
1.13 Read the following and answer question 1.13, 1.14. SA hits record unemployment rate South Africa's unemployment rate reached a record 34.9% for the third quarter - half a percentage point higher than in the second quarter. This is the highest number since the start of the Quarterly Labour Force Survey (QLFS) in 2008. The quarter's economic performance was hit by civil unrest in July affecting Gauteng and KwaZulu-Natal - these two provinces account for half of the country's economic activity. Source: https://www.news24.com/fin24/economy/sa-hits-record-unemployment-rate-20211130 Accessed: 18/02/22 The increase in the unemployment rate as a result of the civil unrest is referred to as... (4 Marks) a) Cyclical unemployment b) Structural unemployment c) Seasonal unemployment d) Frictional unemployment
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