Today's Labour News

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employment thumb100 ANA reports that a seminar held at the University of Stellenbosch Business School on Monday heard that around 5.7 million jobs in SA would be at risk over the next seven years due to digital automation.  

This would have a crippling effect in a country where there is a staggering 27.7% unemployment and where jobless youths make up 75% of unemployment.  Dr Roze Phillips, MD of Accenture Consulting in Africa, said that SA needed to act now to ensure that humans and machines could work together in the future, adding that, with the threat of automation growing, “South Africa is less prepared than other countries and needs to give its workforce skills to participate in the digital economy.”  She went on to say:  “Our research shows that if South Africa can double the pace at which its workforce acquires skills relevant for human-machine collaboration, it can reduce the number of jobs at risk from 3.5 million (20%) in 2025 to just 2.5 million.”  Phillips further said that in a country like SA where poverty rates of unemployment were high and social security questionable, it was vital for the country to upskill its people to collaborate with machines to enhance their own productivity.  Moreover, it was not just manual labour jobs at risk as bookkeeping, accounting, and auditing clerks have the highest risk of automation.

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