SA s jobs recovery stalls - IT-Online it-online.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from it-online.co.za Daily Mail and Mail on Sunday newspapers.
Employment And Labour Minister concerned by increase in youth unemployment which overshadows gains in some industries While some industries have shown small.
Employment and labour minister concerned over increase of unemployment
By Opinion
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WHILE some industries have shown small employment gains – such as the finance (215 000), community (16 000), utilities (16 000), mining (12 000) and manufacturing (7 000 – the overall picture is still a cause for concern with a large decrease in employment between quarter 4 of 2020 and quarter 1 of 2021 among those industries that were classified non-essentials such construction and trade industries, with 87 000 and 84 000 jobs loss respectively.
The private households also shown employment decrease of 70 000 over the same period.
The Department of Employment and Labour is, however, confident that the employment trajectory will relatively surpass the current Covid-19 challenge. This is based on number of factors, among others, the Covid-19 vaccines programme and the Presidential Employment Stimulus which aims to cleate new job opportunities.
Over 500 000 people benefit from Presidential Employment Stimulus georgeherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from georgeherald.com Daily Mail and Mail on Sunday newspapers.
The Presidential Employment Stimulus supports a range of programmes, from expanding public employment to protecting existing jobs and creating new jobs through market-based mechanisms. Its aim is to support livelihoods while the labour market recovers – investing in public goods and services, enhancing skills and employability, and boosting demand in the economy at the same time.