Job creation is a crucial yardstick for cities, as employed individuals are the single biggest driver of GDP in each municipality.
, as employed individuals are the single biggest driver of GDP in each municipality.Report points to ‘unacceptably high’ unemployment figures in every major metropolitan area.
By 2050 the South African urban population is expected to increase by between 19 and 24 million people, joining approximately 68% of the population who already live inIncreased urbanisation places additional pressure on already stretched resources and makes it harder to deliver on the Integrated Urban Development Framework’s goals which promote access, growth, governance and spatial transformation, said the South African Cities Network.
First-quarter data from the stats body shows unemployment at 34.5%, with the expanded definition much higher than that. StatsSA said that the country has over 10 million young people aged 15-24 years and, of these, only 2.5 million were in the labour force, either employed or unemployed.
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