In the run-up to the presidential jobs summit, the big question was whether the impact of the commitments that would emerge would accord with the scale of SA’s unemployment crisis. Would it deliver the “extraordinary measures” needed to address the most pressing social crisis? These measures are needed because SA’s unemployment crisis is vast: nearly 10-million adults who want to work cannot find any, and the rate at which jobs are created is so slow that unemployment queues have increased by an average of nearly 900 people every single day over the past 10 years. Worst of all: the number of young people in jobs has declined over the past decade. The main reasons for this are set out in the opening section of the jobs summit agreement. Growth has been too slow; has been capital- and skill-intensive in character; and has failed to create the kinds of jobs needed to absorb the large numbers of job-seekers who received sub-standard education at largely dysfunctional schools. Add to tha...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.