A high unemployment and labour market segmentation: A three-segment macroeconomic model

Background: South Africa suffers from an unusually high unemployment rate – officially averaging 25% since 1999Q3. In addition, depending on whether one uses the official or broad definitions of unemployment, since 2008 there are on average between 2 and 3.3 times as many unemployed people as there...

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Bibliographic Details
Main Authors: Philippe Burger, Frederick Fourie
Format: Article
Language:English
Published: AOSIS 2019-02-01
Series:South African Journal of Economic and Management Sciences
Subjects:
Online Access:https://sajems.org/index.php/sajems/article/view/2103