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The U.S. jobs market hit a surprising speed bump in October, adding just 12,000 new jobs — way below the expected 100,000. A mix of natural disasters and labor unrest explains the slump. Recent hurricanes in the Southeast wiped out somewhere between 40,000 to 70,000 jobs, while strikes at Boeing and other companies added to […]
Economist Dawie Roodt warns that writing off residents’ debt may encourage nonpayment and financial irresponsibility. Writing off residents’ debt in the City of Tshwane is not a good plan as it may promote a culture of nonpayment, according to economist Dawie Roodt. This week, the Tshwane council passed a report to write off debt to […]