A Closer Look

SA – Youth unemployment has worsened since 2008

YOUTH unemployment deteriorated between 2008 and the first quarter of this year, and more young people have given up looking for work, Statistics SA’s youth labour market report showed on Monday.

Of the approximately 19.7-million working-age youth (15 to 34 years), 9.8-million were not economically active, 6.2-million were employed, and 3.6-million were unemployed. The “not economically active” include discouraged work-seekers, full-time students, and homemakers.

“Over the period 2008–15, key labour market rates deteriorated by a larger margin among youth compared with adults, and the frustration of not finding employment has led many young people to become discouraged and exit the labour force altogether,” Stats SA said.

Chosen excerpts by Job Market Monitor. Read the whole story at Youth unemployment has worsened since 2008, Stats SA report shows | Labour | BDlive.

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