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 […]
unemployment
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 […]
Posted inGeneral
The DA rocks
The leader of the Democratic Alliance may still be proved correct when she trumpeted that the party’s march on Cosatu House “will come to be seen as a turning point in South Africa”. In Johannesburg last Tuesday, the march led by Helen Zille and MP Lindiwe Mazibuko escalated into a violent street fight after members […]
Posted inBusiness, General
The economic week in review: Unsettling
The week began with elections in France and Greece that cast fresh doubts on Europe’s ability to contain its ongoing debt and economic crises. The week drew to a close with a slew of disappointing data in China. In between, the United States sent out mixed signals and South Africa reported a rise in unemployment. […]
Posted inGeneral
Disenchanted youth of the world: Tomorrow’s hope
The youth of the world are disenchanted — disenchanted by the older generation’s politics as well as their economics, by their ideologies and their religions and by their inability to halt ecological destruction. And they are the ones who will replace the current leaders of the world. What are the chances that they might just […]