n Stellenbosch Law Review = Stellenbosch Regstydskrif - Editors' introduction : law and poverty colloquium special edition
|Article Title||Editors' introduction : law and poverty colloquium special edition|
|© Publisher:||Juta Law Publishing|
|Journal||Stellenbosch Law Review = Stellenbosch Regstydskrif|
|Author||Sandra Liebenberg and Geo Quinot|
|Publication Date||Jan 2011|
|Pages||443 - 445|
According to the Development Indicators 2010, 49% of persons in South Africa live below a poverty line of R524 per month (approximately 75 US dollars per month). The official unemployment rate in South Africa was in the vicinity of 25% (excluding discouraged work-seekers) in 2010. Most concerning is the unemployment rate of 51% for youth in the age group of 15-24 years. About two thirds of all unemployed are below the age of 35 with significantly higher unemployment rates for black youth. To add to this mix, South Africa's levels of income inequality are amongst the highest in the world. According to the National Planning Commission's recently published Diagnostic Overview, the "poorest 20% of the population earns about 2.3 percent of national income, while the richest 20 percent ears about 70 percent of the income".
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