unemployment

Ramaphosa vows action on country’s rising unemployment

South Africa’s unemployment rate rose by half a percentage point to 27.6 percent, official data showed on Tuesday, underlining the challenge facing President Cyril Ramaphosa after his African National Congress (ANC) government won elections last week. The job losses focussed on the construction, finance and social sectors, with 6.2 million[…]

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‘Unemployment can only be alleviated if the economy improves’

Chief economist at Nedbank Dennis Dykes says unemployment in South Africa can only be alleviated if the economy improves. Statistics South Africa revealed an increase in the unemployment rate on Tuesday. It reported that the number of unemployed people increased by 62 000 to 6.2-million in the first quarter of the year. The country’s[…]

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Analysts expect increase in unemployment rate

Analysts are expecting a 0.3 percentage point increase in the unemployment rate as Statistics South Africa gears up to release the employment numbers for the first quarter of 2019 on Tuesday. South Africa’s official unemployment rate was recorded at 27.1% in the fourth quarter of 2018 and is now expected[…]

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Govt to empower new skills to former mine workers

The former mine workers will be taught business management, plant and beef farming by Walter Sisulu University and Ntinga Development Agency. Millions of rands have been set aside by the Department of Labour’s Unemployment Insurance Fund (UIF) to train over 7 000 former mine workers and unemployed youth at the O.R Tambo[…]

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6.1 million people without jobs in SA: Stats SA

South Africa’s unemployment remains one of the highest in the world despite some improvement in the fourth quarter of 2018. Figures released by Statistics South Africa show that there were 6.1 million people without jobs in the three months to the end of December 2018. This is compared with 6.2[…]

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The president’s plan for jobs

Government is working with social partners to address SA’s unemployment crisis, President Cyril Ramaphosa said. The president was delivering the State of the Nation Address (SONA) in Parliament on Thursday. This is the 25th SONA of the democratic SA. The president highlighted the progress made in job creation – SA’s[…]

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Govt to look into implementing job summit agreements

Business, labour and government at the summit have agreed to work together on a number of initiatives to create jobs. A co-ordinating and monitoring mechanism is to be established within the Labour Department to follow-up on implementation of the 24-point Framework agreement that was signed at the Jobs Summit in Midrand on[…]

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Crunch time as Zuma faces joblessness anger

The government has gone into overdrive to avert the explosion of an unemployment “time bomb”. President Jacob Zuma meets government leaders, officials and unionists tomorrow to discuss the state of the economy, including remorselessly increasing youth unemployment. During the meeting of the Presidential Labour Working Group in Pretoria, Zuma and[…]

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