https://newsletter.en.creamermedia.com

Unemployment compounded by lack of post-school education opportunities

Unemployment compounded by lack of post-school education opportunities

Photo by Reuters

21st September 2015

By: RDM News Wire

  

Font size: - +

While unemployment in South Africa is exacerbated by a lack of appropriate skills‚ it is also compounded by the shortage of suitable post-school education opportunities‚ Minister in the Presidency Jeff Radebe said on Sunday.

He was speaking on the occasion of the release of the government's Development Indicators 2014 report.

He said the indicators reflected that one in four working age adults actively seeking employment remained unemployed during the period under review. In 2014‚ unemployment reached a peak of 48.8% among the 15-24 year age group and 29.6% among the 25-34 year age group.

“Whereas unemployment is exacerbated by lack of appropriate skills‚ this is also compounded by the shortage of suitable post-school education opportunities‚” the minister stated.

He added that reducing South Africa’s high levels of unemployment required the economy to be on a labour-absorbing growth path‚ as well as the development of entrepreneurship among the country’s youth‚ in terms of interest‚ skills and creation of opportunities.

“This depends on a successful reorientation of the economy to raise labour demand‚ with matching improvements on the supply side. Re-industrialisation and economic diversification are also necessary to boost job creation‚ and these factors are at the heart of the NDP 2030‚ the New Growth Path and the Industrial Policy Action Plan‚” Radebe stated.

He added: “The stark unemployment figures I have just outlined have continuously spurred government into action‚ and not into despondency. Measures undertaken by the public sector‚ such as investment in infrastructure‚ have boosted youth employment in construction. The Expanded Public Works Programme has expanded the intake and participation of young people. The recently launched employment tax incentive has encouraged private-sector employment of new entrants to the labour market.”

Edited by RDM News Wire

Comments

Projects

Showroom

John Ratcliffe
John Ratcliffe

At John Ratcliffe, we are aftermarket specialists for heavy-duty on and off-road vehicles. We engineer and retrofit advanced safety systems, engine...

VISIT SHOWROOM 
Aqs image
AQS Liquid Transfer

AxFlow AQS Liquid Transfer (Pty) Ltd is an Importer and Distributor of Pumps in Southern Africa

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 22 November 2024
Magazine round up | 22 November 2024
22nd November 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.22 0.314s - 206pq - 2rq
Subscribe Now