The IRR yesterday wrote to Minister of Employment and Labour Thulas Nxesi highlighting the detrimental impact of Black Economic Empowerment (BEE) policies on the nation s unemployment rates in lieu of the latest data showing joblessness remaining at crisis levels.
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The latest unemployment statistics presented in Stats SA’s Quarterly Labour Force Survey (QLFS) are another reminder that race-based policies, like BEE, have failed, and that the 2024 election is likely to be a referendum on 20 years of BEE failures.