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Employment environment bleak, but there are opportunities for improvement

The 2024 ‘UASA South African Employment Report’ and second UASA/Bureau of Market Research (BMR) Employment Index paints a bleak picture of the country’s employment situation; however, there are areas of focus that can be pursued to turn this around, including skills development to capitalise on technology advancements. This was highlighted by speakers presenting the reports on May 17.
South Africa Van Aardt Eastern Cape South African Carel Van Aardt Jacolize Meiring

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Newly launched employment index to focus on human capital formation

Trade union UASA and the Bureau of Market Research (BMR) have launched the UASA/BMR Employment Index, which tracks the employment performance of the economy and will be updated quarterly. The index tracks production elasticity of employment as an indicator of the strength of the relationship between gross domestic product (GDP) growth and employment creation, and the quality of labour supply to provide an indication of the growth in the value of human capital in the economically active populatio...
South Africa Van Aardt Eastern Cape South African Carel Van Aardt Jeffrey Sachs

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