Leung, Ron; Stampini, Marco; Vencatachellum, Désiré - Institute for the Study of Labor (IZA) - 2009
The financial and economic crisis of 2008 and 2009 has taken its toll on the South African economy. The economy contracted for the first time since 1998, and entered recession during the fourth quarter of 2008. The GDP contraction was soon transmitted to the labor market. Between the second...
