Today's Labour News

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Stats SABusiness Report writes that approximately 8.2 million (40.1%) of SA’s 20.4 million young people aged 15 to 34 are not in employment, education or training of any sort.  

This was revealed in the latest figures released by Statistics SA in the Quarterly Labour Force Survey (QLFS).  At the same time, the figures showed that the overall unemployment rate remained unchanged at 29.1% in the fourth quarter of 2019 compared to the third quarter.  Economist Mike Schűssler commented that these were not at all good numbers and went on to remark:  “Normally December sees more jobs as retailers and hotels hire temporary workers and agricultural starts major planting season.  Over the last four years South Africa created 121,000 jobs in the last quarter.  Last year we only created 45,000 or about a third of the normal.  He also pointed out that typically in the first quarter “we get the school leavers and graduates entering and many temp holiday jobs fall away.”  With 10.4 million people unemployed in the fourth quarter, Schűssler expressed the fear that the rate could climb again to closer to 30% on the standard definition (people who are jobless, actively seeking work, and available to take a job) and 40% on the broader definition (people who are unemployed and available to work but have not taken steps to look for work).  The Northern Cape recorded the highest rate of young people not in employment, education or training in the fourth quarter of 2019 with 37% unemployed, a 1.6% increase year-on-year.  The Western Cape recorded the lowest, with 26.2% unemployed, a fall of 0.2% year-on-year.

  • Read the original of the above report by Mwangi Githahu at Cape Argus
  • Read too, Seasonal work fails to dent the unemployment rate of 29.1 percent, at Business Report

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