unemployment

SA Faces Hard Choices On Labour Law – IMF

According to the International Monetary Fund (IMF), South Africa’s jobless rate is likely to remain high for a ‘considerable’ period and the economy’s growth rate needs to rise to six percent before there is large-scale job creation.

In its annual report, the IMF says South Africa suffered more from the global financial crisis than many other emerging markets, with its pace of job-shedding among the highest in the Group of 20 (G-20) countries.

Unemployment and the Rights of Workers

The most important, single issue facing government today is improving conditions for greater labour absorption.

The South African Bill of Rights says, “Every citizen has the right to choose their trade, occupation or profession freely.” But local laws and institutions do not fully support that right, and one consequence is our staggering unemployment rate.

We Must Come Together to End Xenophobic Violence

Following the incredible feeling of African unity experienced during the World Cup, most of us were alarmed by rumours of the targeting of migrants, refugees and asylum-seekers in some pockets of our communities post the final. It stood in stark contrast to the Pan-African spirit we demonstrated when we collectively switched our loyalty to Ghana after Bafana-Bafana was eliminated from the tournament.

Govt to Create Jobs for Unemployed Youth

The Department of Rural Development and Land Reform says it will create a total of 10 000 jobs for unemployed youth, including those with disabilities, living in rural areas.

The department had launched a programme, the National Rural Youth Service Corps, to empower youth from rural areas between the ages of 18-35 in possession of a grade 10 report.

In a press statement, the department’s spokesperson, Eddie Mohoebi, points out that the two-year programme is intended to provide jobs for at least three youths in each of the country's 3 000 rural wards.

SA Warned Over Youth Unemployment

African Monitor founder and president, Archbishop Njongonkulu Ndungane, has warned that the high levels of youth unemployment in the country are a recipe for disaster and a possible revolution.

Ndungane says that he expects the government and the private sector to fight youth unemployment with the same vigour shown towards making the hosting of the FIFA World Cup a success.

Youth Unemployment on the Increase

Youth unemployment in South Africa is gnawing at its economic recovery as new research reveals the proportion of youth under the age of 24 who cannot find work is now at a shocking 74 percent.

Human Sciences Research Council (HSRC) executive director, Miriam Altman, points out that the new data shows this is the heart of the economic problem, adding that 75 percent of the job losses experienced during the 2009/2010 recession were people under the age of 34.

Zuma, Youth, Mark Youth Day

President Jacob Zuma has praised the National Youth Development Agency (NYDA) for its work in improving the lives of young people, but remained baffled by people who torched public buildings to complain about services.

Speaking during this year’s Youth Day commemoration in Thulamahashe, Mpumalanga, Zuma pointed out that, “It is still baffling as to why someone would torch down a clinic because they do not have a school or destroy a library because the water taps have run dry."

Let Economic Recovery Count for the Poor

Since the global economic slump set in almost two years ago, there has been a flurry of activities aimed at returning economies back on track and, mercifully, signs are starting to emerge that the worst has possibly been shoved behind us, at least for now. Indeed, according to the latest quarterly bulletin of the South African Reserve Bank (SARB), recovery in global economic activity gained momentum in early 2010. This is thanks to the large-scale monetary and fiscal stimulus that continued in many parts of the World.

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