Organisation Wants Targeted Policy To Tackle SA Unemployment

Advertisement

Heading

The economic and social consequences brought about by unemployment could negatively impact the growth of an entire country.


Advertisement

 


In the final quarter of 2021, South Africa’s unemployment rate stood at 35.3% while the youth unemployment rate almost doubled at around 60%.

Several initiatives have been created to help combat the country’s rising unemployment rate. These programs include the Presidential Employment Stimulus Programme, which created around 800 000 job opportunities for youth.

The National Youth Development Agency (NYDA) plans to support 25 000 young people with non-financial interventions and 3 000 youth with financial interventions through their entrepreneurship initiatives.

The South African Youth Council believes that more should be done at a policy level to tackle unemployment in the country.

The councils’ Kanakana Mudzanani says that the government must investigate a policy framework similar to the Growth, Employment, and Redistribution framework.

Mudzanani believes that policies meant to tackle unemployment should be centred around the skills of the citizens and the resources.

He said, “I do not understand why Burgersfort or Rustenburg today, are not metropolitans but in the event that we were serious about developing this country, they are along the lines of the skills we have and the resources that we have”.

Around 10.2 million South African youth are unemployed, of which 32,8% were not in employment, education or training (NEET)

Mudzanani warned that if the country’s NEET rate is high it will mean that a higher portion of the budget will need to be allocated to social assistance grants. Around 46% of South Africa’s population are currently benefiting from these social assistance grants offered by the South African Social Security Agency (Sassa).

“We cannot continue to have a population that is reliant on the state. It is not sustainable and we need to start empowering our people to make sure that on their own they can be capable, develop and contribute to the economy” concluded Mudzanani. 

 

Advertisement


Advertisement


Advertisement



Advertisement




Advertisement


Advertisement