unemployment

42 000 Jobs in the Last Quarter of 2014

A total of 42 000 new formal jobs were created in the fourth quarter last year outside the agricultural sector.
 
The figures released by Statistics South Africa (STATS SA) put the number of employed individuals at almost nine million.
 
The stats indicates that South Africa is still moving at a snail's pace in creating new jobs adding that majority of the jobs are not sustainable.
 

SA to Provide Grants to the Unemployed

Government is planning to introduce social assistance to unemployed South Africans between the ages of 19 and 59 who do not receive support from government.

However, it is not clear yet whether this will be in the form of a grant, but Social Development Minister, Bathabile Dlamini, says government must ensure unemployed people in this age group were able to put food on the table every day.

Dlamini was quoted as saying that government has focused on social relief mainly for malnourished children, but the reality is South Africa has malnourished adults in South Africa too.

US: Zim Unemployment 5.42 Percent

The United Nations states that Zimbabwe's unemployment rate is 5.42 percent.

Unemployment rates in Zimbabwe are often reported to be between 80 and 90 percent, but these rates did not take into account the vast numbers of people in informal employment.

According to a chart published by the International Labour Organisation (ILO), Zimbabwe's real unemployment rate has hovered around five percent since 2006.

70 Percent Youth Unemployed

According to the World Economic Forum's (WEF) Global Risk Report, youth unemployment in South Africa stands at a staggering 70 percent.

The report states that South Africa has the third-highest unemployment rate in the world for people between the ages of 15 and 24.

It says graduates and matriculants are struggling to find jobs due to stiff competition in the job market, adding that most of the young people today want everything now and it is that microwave generation.

Call to Tackle Poverty, Unemployment

Small Business Development Minister, Lindiwe Zulu, has warned that people will rise up if there is no change in the levels of inequality, unemployment and poverty in South Africa.

Speaking at the South African Chamber of Commerce and Industry conference in Johannesburg, Zulu pointed out that, "When the people that have been struggling for many, many years find that the gap between the poor and the rich keeps on expanding, one day they will get up and say enough is enough…”

Africa Urged to Modernise Farming

At the 23rd African Union (AU) Summit, the chairperson of the AU, Dr Nkosazana Dlamini-Zuma, encouraged the New Partnership for Africa’s Development (NEPAD) Heads of State and Government Orientation Committee (HSGOC) to modernise farming as a means of attracting young women and men into the agricultural sector.

Since its evolution from Organisation for African Unity to AU in 2000, the organisation has been battling with the impact of global financial crises threatening its vision of integrated, prosperous and peaceful Africa.

South Africans Want Zuma to Create Jobs

South Africans want President Jacob Zuma to focus on job creation in his State of the Nation Address.

According to a survey conducted by Ipsos, 90 percent of respondents believe unemployment is serious and need to be dealt with urgently.

Sixty-one percent of the people questioned felt the government is not doing well in reducing unemployment by creating jobs, while 61 percent of the people feel the government is not doing well in reducing unemployment by creating jobs.

ILO: Weak Global Recovery Bad for Growth

The International Labour Organisation (ILO) says a weak recovery from the 2008 global economic downturn has curtailed job growth around the world.

The Geneva-based agency says that nearly 202 million workers were unemployed in 2013, up five million from the year before.

It further says youth unemployment is a particular problem, with more than 74 million people aged 15 to 24 out of work in 2013, adding that the youth employment rate is more than 13 percent, more than twice the overall global jobless rate.

Youth Unemployment Highest in the World

According to the World Economic Forum (WEF) Global Risk 2014 report, South Africa has the third highest unemployment rate in the world for people between the ages of 15 to 24.
 
The report, which estimates that more than 50 percent of young South Africans between 15 and 24 are unemployed, found that only Greece and Spain have higher unemployment in this age range than South Africa.
 
"At the same time the rising cost of higher education has left a generation with unpayable debt and little chance of finding a job," it states.
 

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