For more than a decade, South Africa has experienced falling labor force participation rates while maintaining relatively high unemployment rates, particularly among its youth. This paper examines the role of labor costs from the perspectives of employers and workers by combining information from national accounts and household surveys. To better understand the employer’s perspective, we calculate the labor costs and set them in relation to productivity...
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详细
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2018/04/30
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工作文件
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128578
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1
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1
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2018/07/18
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Disclosed
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Does employing workers or accepting work pay? Analyzing labor costs in South Africa
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unit labor costs