IMF'S labour alarm

Apr 13, 2012 | I-Net Bridge | 0 comments

THE South African Chamber of Commerce and Industry is concerned by the recent research of the International Monetary Fund that the rapid growth of the real wage in SA outpaced labour productivity growth in most sectors and suppressed employment creation.

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Neren Rau, Sacci CEE, said it was essential for this imbalance to be addressed in order to create jobs.

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