At the start of 2023 more than 716,000 South African university graduates applied for the R350 Social Relief of Distress Grant.
The grant was initially introduced in 2020 to support those who lost their jobs or income due to the Covid 19 pandemic and lockdown. This very high number of applications from graduates is indicative of the challenges faced by young people in finding employment at the moment.
It is estimated that the current the ‘youth unemployment rate’ is more than 46%.
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