Tannan Groenewald returns to reiterate his stance on Namibia’s unemployment figures as released by the NSA

[PODCAST]

Cirrus Capital data and analytics head Tannan Groenewald yesterday disputed that the unemployment rate for 2023 was 37% – up from 33.4% in 2018. The NSA’s definition of unemployment does not include discouraged job seekers, or those who have given up on finding a job either, he said.

He returns to Daybreak to shed some light on why him and other economists in the country dispute the recently released figures, and the implications thereof.