Jobs won’t soar till the economy does

The economy is moribund yet still managed to create a net 22 000 jobs in the first quarter, bringing the total number of employed people to 10.1-million, according to Statistics South Africa’s quarterly employment survey . This is a 0.8% growth from the first quarter of 2018.

MultiChoice said that it will cut more than 2 000 jobs in its call centres and walk-in services. The pay-TV service said the reason is the changing behaviour of its customers, who have increasingly moved away from traditional voice calls and visits to walk-in centres, preferring self-service and digital technologies.

“We have two problems simultaneously in the job market,” he says. There is a structural problem of unemployment where “we have a huge skills gap, underpinned by, on average, low productivity, which makes the country vulnerable to high unemployment”. “Obviously, there is a lot of talk of automation and computers and robots replacing jobs, but I am a little sceptical of using this argument because it’s a popular sort of idea that a company can use as an explanation when business might not be doing well because of the economy,” he says.

Source: Financial Digest (financialdigest.net)

Wow what excellent logic.....😁

New opportunities could be found if we support and grow our local manufacturing market, support SMME's and drive the importance of building brands & products MadeinSA . Together we can make a difference, create employment & develop skills.

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Vodacom Durban July to provide R200m financial boost for city | Sunday TribuneThe horseracing and lifestyle showpiece raised the city’s profile, created jobs and was an opportunity for economic growth. VodacomDbnJuly Awesome clothing
Source: IOL - 🏆 46. / 51 Read more »

Soaring murders propel Cape Town towards top of 'most dangerous city' listCape Town risks becoming the world’s most dangerous city. While the racist anc's 'police ' lies drunk in the shebeens, selling their firearms for R500 bucks, riding around with their handlers.
Source: TimesLIVE - 🏆 28. / 59 Read more »

Baxter: I can’t promise that I won’t change Bafana team for Morocco clash | IOLBafana just need a point, though, to advance to the last-16 as one of the best third-placed teams, which could see Stuart Baxter close up shop.
Source: IOL - 🏆 46. / 51 Read more »

Trump confirms he won’t impose new tariffs on ChinaChina-US trade talks see to be back on track after high-stakes talks on the bruising trade war at the G20 summit.
Source: TheCitizen_News - 🏆 6. / 75 Read more »

Infighting a worry for Kings coach jobThe deadline for applications is tomorrow, but the Kings’ hierarchy find themselves having to not only sift through a mountain of CVs, but also work out how to discipline one of their own in the aftermath of a staggering F-word-laden Facebook tirade
Source: City_Press - 🏆 7. / 72 Read more »