This news aggregator site highlights South African labour news from a wide range of internet and print sources. Each posting has a synopsis of the source article, together with a link or reference to the original. Postings cover the range of labour related matters from industrial relations to generalist human resources.
BusinessLive reports that the Organisation for Economic Co-operation and Development (OECD) said on Monday that SA needed at least 2% growth to begin to tackle unemployment and serious structural reforms.
OECD secretary-general Angel Gurria said ensuring a better future for all South Africans required increased access to higher education, a stronger and fairer labour market, deeper participation in regional markets and a regulatory framework that fostered entrepreneurship and allowed small businesses to thrive. OECD recommendations include opening vital sectors, introducing a national minimum wage and developing apprenticeship and internship programmes. "Low growth has kept unemployment high at 27% … [but] even people with jobs have this phenomenon of in-work poverty because the wages are so low. We need to open up that conversation," the organisation indicated SA’s unemployment rate was at a 14-year high of 27.7% in the first quarter of 2017.
- Read this report by Sunita Menon in full at BusinessLive
- Read too, OECD: SA's low employment rate makes economy sluggish, at eNCA
Get other news reports at the SA Labour News home page