A drive on a weekday morning around the township of Alexandra in Johannesburg will reveal to you the real face of unemployment in South Africa. On the corners of the many avenues in this sprawling township where I grew up, young men and women roam the streets. Some play dice and morabaraba and some are […]
Unemployed Youth
Posted inBusiness, News/Politics
Global youth unemployment trends
Around the world, many youth are increasingly trapped in low-productivity, temporary or other types of work that fall short of their aspirations and that often do not open opportunities to move to more permanent, higher-productivity and better-paid positions. In developed world economies, youth are increasingly employed in non-standard jobs and the transition to decent work […]
Posted inBusiness, News/Politics
“A better life for all”: The case for a youth wage subsidy
By Matthew de la Hey The South African unemployment rate is currently 25.2%. This means that 4.5-million people who had sought employment within the four weeks preceding the reference week were unable to find a job. This figure rises to 38% if those who have given up hope and have stopped looking — the “discouraged […]