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Home Archive of News ‘Youth unemployment in SA is a national crisis’

Archive of News

‘Youth unemployment in SA is a national crisis’

Statistics SA announced the unemployment figures for the second quarter of 2017 on Monday, which showed that the unemployment rate remained stagnant at a worrying 27.7%, which is its highest level since the data series started. The unemployment rate for the youth younger than 25 - using the expanded definition that includes discouraged workers - is a shockingly high 67.4%.

“Clearly, the rate of youth unemployed has become a national crisis, with significant social, economic and political implications,” warned Lings. He went on to state: “Increasing employment in South Africa has to be the number one economic, political and social objective, and can only be resolved meaningfully through a concerted and sustained effort to improve skills development as well as encourage private sector fixed investment spending, business development and entrepreneurship.

Source: SA Labour News



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