FIND­INGS FROM THE RE­PORT:

Finweek English Edition - - In Depth Youth Unemployment -

Col­lat­ing re­search with in­for­ma­tion gath­ered from mu­nic­i­pal­i­ties, ex­perts and aca­demics, the CDE re­port found that by the end of 2016, only 6.3m of the just over 20m young peo­ple in SA were em­ployed.

Of those who were not eco­nom­i­cally ac­tive, 5m were still in school and around 1m more were in some form of ed­u­ca­tional in­sti­tu­tion or en­gaged in adult ba­sic ed­u­ca­tion.

3.7m young peo­ple were un­em­ployed but look­ing for work – the def­i­ni­tion of un­em­ploy­ment used to cal­cu­late the “nar­row” un­em­ploy­ment rate – while 2.1m were un­em­ployed and no longer look­ing for work. The lat­ter group is con­sid­ered “dis­cour­aged” work­ers.

SOURCE: CDE 2017 based on data from Stat­sSA

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