Dieter von Fintel: There's no 'Great Resignation' in South Africa
Posted by Melt van Schoor on 2022-05-08
In a recent article published in Mail & Guardian, Prof Dieter von Fintel from the Department of Economics argues that it is largely misleading to suggest that the trend of rising resignations and high labour turnover observed in the USA has made strong inroads into the South African economy. The South African labour market, by contrast, continues to be characterised by a harsh environment for job-seekers, and most workers simply do not have the luxury of leaving their jobs voluntarily because the prospects of better employment remains elusive in the South African context.
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BER Weekly
25 Apr 2025 Budget 3.0 loading; Trump starts to walk back tariff threats and Fed bullying (for now)This week was marked by policy reversals and clarifications both in SA and abroad, as policymakers confronted the consequences of their decisions. In the US, the administration softened its previously hardline stance on tariffs and downplayed earlier critiques of the US Federal Reserve (Fed). At home, SA’s National Treasury retracted its VAT increase...
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BER Weekly
25 Apr 2025 Budget 3.0 loading; Trump starts to walk back tariff threats and Fed bullying (for now)This week was marked by policy reversals and clarifications both in SA and abroad, as policymakers confronted the consequences of their decisions. In the US, the administration softened its previously hardline stance on tariffs and downplayed earlier critiques of the US Federal Reserve (Fed). At home, SA’s National Treasury retracted its VAT increase...
Read the full issue