Job Market Monitor
South Africa
Minimum Wage in in South Africa – A bill is passed setting it at 20 rand an hour, about $1.45
On Monday, South African President Cyril Ramaphosa signed a national minimum wage bill into law. The National Minimum Wage Act sets minimum wage at 20 rand an hour (about $1.45 an hour). South Africa’s average household net-adjusted disposable income per capita is currently about $10,872. Proponents of the bill have touted benefits this move will … Continue reading
Minimum wage in South Africa – Not a living wage
On Wednesday, the South African Federation of Trade Unions (SAFTU)—which represents 30 unions with around 800,000 members—organized marches in six South African cities with thousands of participants protesting the government’s proposed minimum wage legislation. The current minimum wage proposal, which was approved by the cabinet in November 2017, calls for a 20 rand (R) ($1.60) … Continue reading
Apprenticeship in 8 Countries – Australia, Denmark, Egypt, England, Finland, Germany, India, and South Africa
This report presents the results of the analysis of apprenticeship in eight countries: Australia, Denmark, Egypt, England, Finland, Germany, India, and South Africa. The study used documentary analysis as its central methodological approach, citing, summarizing, synthesizing, analyzing and critically reflecting on existing literature and data produced by international organizations, government agencies, universities, and research institutions. … Continue reading
Unemployment in South Africa – Down to 24.5% and 66% are between 15 and 34
The country’s unemployment rate declined by a percentage point in the fourth quarter of 2015, to 24.5% of the population. According to the Quarterly Labour Force Survey, the working-age population was 36.3 million, of whom 16 million were employed, 5.2 million unemployed and 15.1 million not economically active. Almost 66% of the unemployed were people … Continue reading
South Africa – Needs more investment, jobs and a public employment service as a one-stop shop OECD says
Labour market reforms can raise employment and incomes. Establishing a public employment service as a one-stop shop for job seekers would make it easier for people to find jobs, and for employers to find the right workers. Costly industrial actions have held back the economy without delivering major gains to workers. To reduce conflict and … Continue reading
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 … Continue reading
SA – Ten-point reform plan out of the unemployment crisis
The SA Institute of Race Relations (IRR) published a 10-point plan on Wednesday to tackle South Africa’s mounting unemployment crisis. The IRR said that South Africa’s very high unemployment, which had risen from 3.67 million in 1994 to 8.74 million this year, necessitated a series of radical steps. “Job security for some has been achieved … Continue reading
South Africa – Unemployment rate rises to 26,4%
South Africa has been hit by a double whammy: Stats SA released two sets of economic data today and both results were disappointing. The unemployment rate has risen sharply in the first quarter of this year, with 26,4 percent of potentially economically active South Africans not working. South Africa has nearly 36-million employable people, but … Continue reading
South Africa – Unemployment at 25.5 in Q2 with our counting the 2,419,000 discouraged job seekers
The unemployment rate increased by 0.3 percent between the first and second quarters of this year to reach 25.5 percent, Statistics SA said yesterday. The increase in the number of unemployed has resulted in an increase in the unemployment rate above pre-recessionary levels. The Quarterly Labour Force Survey revealed that almost 5.2 million people were … Continue reading
SABMiller in SA – To cut 400 jobs says the employer, 1,400 says union
Brewer SABMiller plans to cut 400 jobs at its Amalgamated Beverage Industries soft-drinks bottling unit in South Africa as part of a structural revamp, ABI said on Monday. However, a union representing workers at ABI said the layoffs at one of the biggest bottlers and distributors of Coca Cola brands in the southern hemisphere would … Continue reading
Amplats / To cut 1,400 jobs
Anglo American Platinum (LON:AAL), the world\’s largest platinum producer, warned Monday the current strike at its South African operations could force the company to cut 1,200 to 1,400 jobs this year. The miner said the planned layoffs would follow last year’s lost of 7,438 jobs, when merged five mines at its Rustenburg complex into three. … Continue reading
Wage Subsidy for youth in South Africa / Employment Tax Incentive Act now in effect
President Jacob Zuma on Wednesday signed into law the Employment Tax Incentive Act, to take effect from January 1 – though it will apply to all young workers hired on or after October 1 this year. The promulgation of the controversial law brings to a close a fierce battle lasting more than two years in … Continue reading
South Africa’s National Skills Conference / A Collision
A friend who attended last week’s National Skills Conference at Birchwood confirmed my prediction that delegate gossip would centre on two separate task team reports on the future of skills development in South Africa. As such, they probably went back to their rooms and had nightmares of a catastrophic mid-air collision that left the national … Continue reading
Pioneer Foods (South Africa) / To cut 10% of jobs
Local media reported that Pioneer plans to cut 10 percent of its more than 12,000 employees Continue reading
South Africa / Mines cut 23,000 jobs in 12 months
South Africa’s threatened mining sector lost 23 000 jobs in the 12 months to June, and 4 000 of those were lost between April and June Continue reading
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