Gcina Ntsaluba
3 minute read
30 Jan 2020
6:10 am

Jobs bloodbath report: only 42% of adults are employed

Gcina Ntsaluba

The report is a true reflection of failed government policies over the past two decades, political analyst Daniel Silke said.

A man offers his services at a traffic intersection in Cape Town. Almost 55% of South African youth are unemployed. Picture: EFE-EPA / Nic Bothma

Only four out of 10 adults in South Africa are employed and job opportunities for young people look bleak, according to a new research report by the Centre for Development and Enterprise (CDE) titled Ten Million and Rising, what it would take to address South Africa’s jobs bloodbath. The report argues that the crisis of unemployment, which it describes as the deepest in the world, has worsened because government has failed to address its underlying causes, which is largely due to slow economic growth. The report is based on considerable research over the past five years, round-table discussions with SA’s...