Unemployment increased over the past 30 years. Will GNU change that?

The GNU has marked 'inclusive growth and job creation' as one of its three strategic priorities.

The GNU has marked "inclusive growth and job creation" as one of its three strategic priorities.Research has shown that unemployment in South Africa has only worsened since 1993, marking South Africa as one of the few countries in the world where the unemployment rate exceeds 20%.

Recent research by the Bureau for Economic Research compares the state of unemployment in the country between 1993 and 2023 and the results align with President Cyril Ramaphosa’s statement during the opening of parliament speech when he spoke about the relationship between employment and the economy.“Our experience over the past 30 years has shown that when our economy grows, jobs are created. When our economy contracts there is no job creation and jobs are lost.

The BER’s research shows that high unemployment is mostly found in rural provinces, which could be the largest reason more people move to the cities to find employment. It also shows that 3.17 million people were discouraged from looking for employment in 2023.Poor literacy contributes to SA’s youth unemployment, says expert

“However, the sector is unable to absorb the country’s stock of unskilled and semi-skilled labour, because demand from the manufacturing and construction sectors has declined. This highlights South Africa’s structural unemployment problem.”

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