JOHANNESBURG - South Africa’s unemployment rate has now crossed over the 35% threshold in the fourth quarter of 2021, according to Stats SA.
Meanwhile, the expanded definition of the unemployment rate decreased by 0.4% to 46.2% in the fourth quarter. Speaking on the Afternoon Drive show on 702, treasurer general of the council Kanakana Mudzanani said government needed to look into the policy framework that was similar to Growth, Employment, and Redistribution framework.
Mudzanani said South Africa needed to start looking at new policy frameworks that spoke to the vast majority of South Africans and their skills set. “We need to stop being a good boy to the global community where we are told by funding institutions, such as the World Bank, on how we should operate or how we should drive our economy. What we need to do is to study our population, the skills that we have in the country and the resources that we can use to build a strong economy and derive a policy that is going to assist us."
Some can't apply due to system issues
The public sector is full, overfull even so the new jobs and economic growth to come from the private sector. Many economies have rapidly grown and modernised Eg South Korea, many other historical best practice examples to draw from. SA is competing in a competitive world.
Maybe really needs to be the other way round, 'no point in producing lots of people with skills to make horse whips for horse carts'
I was scammed through Bitcoin couple of months ago, I started hating Bitcoin until I was introduced to __ambreymarcus1 , and I gave Bitcoin trading another try, I successfully withdrew R85,000 after two weeks of trading, am so grateful __ambreymarcus1 thank you.
I'm currently looking for employment unsuccessfully and my children sleep hungry. That breaks me as a father. Please assist us with any tinned food for a meal tonight🙏. We live at 163 Phahla Str Kroonstad My number is 0680997476
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.
Source: mybroadband - 🏆 11. / 67 Read more »
Source: mybroadband - 🏆 11. / 67 Read more »
Source: TheSAnews - 🏆 25. / 59 Read more »
Source: SATodayNews - 🏆 44. / 51 Read more »
Source: SATodayNews - 🏆 44. / 51 Read more »
Source: BusinessTechSA - 🏆 24. / 61 Read more »