‘Jobs an emer­gency case’

The New Age (Gauteng) - - FRONT PAGE - BERNARD SATHEKGE

EX­PERTS are urg­ing newly elected ANC pres­i­dent Cyril Ramaphosa to act fast on un­em­ploy­ment, even call­ing for a “state of emer­gency” to tackle the coun­try’s 28% un­em­ploy­ment rate.

Ramaphosa heads the party at a time when busi­ness and con­sumer con­fi­dence are low with GDP growth for this year ex­pected to be be­low 1%. To make mat­ters worse, 500000 new job seek­ers en­ter the labour mar­ket ev­ery year amid a gap of R50.8bn in tax re­ceipts.

An economist told The New Age it was vi­tal for the coun­try’s lead­er­ship to tackle un­em­ploy­ment, es­pe­cially among the youth and to curb the grow­ing list of so­cial grant re­cip­i­ents.

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