News
Wage Negotiation Advisory No. 24 - What to do now
1 March 2018
Global Business Solutions Conference: The Future Workplace 8 March 2018
28 February 2018
Member Survey Feedback & Testimonial from Wahl Industries
19 February 2018
The Unemployment Crisis in the Metal Industry - Presentation on 5 March 2018 @ 17h00
9 February 2018
The Centre for Development and Enterprise (CDE), an independent policy research organisation and South Africa’s leading policy development think tank, has recently released a report entitled Youth Unemployment: An agenda for action (see the full report on www.cde.org.za).
Some of the facts highlighted in this report are:
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Youth unemployment is the country's most pressing socio-economic crisis and its most important challenge. At the end of 2016, about 7.5 million young people were not in employment, education or training. -
South Africa produces far more job-seekers each year than there are entry-level jobs. -
Current labour laws often make it impossible for young work seekers to offer their labour to employers at a discount to more experienced workers. -
Current labour practices also tend to raise the cost of employment by creating wage-setting mechanims that raie wages higher than productivity levels. -
Thus, labour market policy reforms that would increae the rate at which new jobs are created or which slow down the rate at which existing job are destroyed, are urgently needed.