It’s a grim picture, but one we should have expected according to the Commission for Conciliation, Mediation and Arbitration.
The solution: teach “African liberation studies” in primary school so that the young people don’t feel so bad when they don’t get jobs after school.
With unemployment higher than at the end of apartheid, South Africa should embrace and educate its demographic ‘window of opportunity’ to show growth.
Things aren’t as bad as some would think, but the DA leader admits that change needs to come immediately if we’re to save Mzanzi and he has three key focus points that could achieve this.
Statistics SA’s figures puts South Africa’s unemployment rate at its highest since 2003.
The South African government recently claimed that young black women make up 37.5% of unemployed South Africans aged 15 to 34, and white men 31.5%. But it is really 49.1% and 1.1%.
Fitch Ratings, one of the world’s largest credit ratings agencies, kept South Africa’s rating steady this week despite ongoing concern about the economy’s failure to grow – and, in particular, to grow in a way that creates jobs
South Africa, beset by massive long-term unemployment, has added a mere 1,000 non-farm private-sector jobs in the last quarter
Business process outsourcing has been embraced by successive provincial and national governments in South Africa as a potent weapon against unemployment, particularly among the youth. BPO jobs tend to have low barriers to entry, with most requiring only a matric certificate. However, as the contact centre industry continues to mature and intensify, positions at these centres increasingly demand higher-level skills and experience.