Leung, Ronald; Stampini, Marco; Vencatachellum, Desire - In: South African Journal of Economics 82 (2014) 1, pp. 99-116
The financial and economic crisis of 2008 and 2009 took a heavy toll on the South African economy. The economy contracted for the first time since 1998 and entered recession during the fourth quarter of 2008. The gross domestic product contraction was soon transmitted to the labour market....