Today's Labour News

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graduate thumb100 Bloomberg News reports that according to a survey conducted by the Social Research Foundation (SRF), about half of SA’s top earners and university graduates are considering emigration.

Out of 3,204 registered voters, the group surveyed in July, 53% of university graduates and 43% of those who earned more than R20,000 a month said they might leave the country. Overall, 23% of those surveyed said they might look at living in another country. “People between the ages of 25 and 40 are the most likely age groups to be considering emigration,” according to the foundation. Confidence in SA’s future has fallen after more than a decade when average economic growth failed to match the increase in population, meaning citizens have been growing poorer. The country has been racked by corruption scandals in recent years and regular power outages since 2014. The new data is consistent with the foundation’s past findings on confidence in SA’s future.

  • Read the full original of the report in the above regard by Antony Sguazzin at BusinessLive


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