If you’ve ever remarked that our President, Jacob Gedleyihlekisa Zuma is a useless leader, you must take back that assertion now. No useless leader can create 16.1 million jobs like Zuma did.
This is according to the Quarterly Labour Force Survey (QLFS) which showed that the number of employed people in South Africa soared by 235,000 people to reach 16.1 million people being employed in the fourth quarter of 2016.
The Quarterly Labour Force Survey as released by Statistics South Africa (Stats SA) showed that 16.1 million South Africans aged 15 to 64 years were employed in the fourth quarter.
Also, the survey which collected data related to the labour market activities of South Africans aged 15 years and above, disclosed that there are 36.9 million people of working age in South Africa.
Discussing the findings of the Quarterly Labour Force Survey, Statistician General Pali Lehohla related that growth in employment was enabled by the service, transport and manufacturing sector.
While, the service sector grew by 73,000, the transport and manufacturing sector respectively grew by 46,000 and 44,000. Adding that other sectors experienced employment growth, Lehohla disclosed that employment in the mining and construction sector respectively declined by 17,000 and 9,000.
Despite the increase in the number of people employed, the survey indicated that the absorption rate has not recovered to pre-recession level of 45.8% in 2008.
In line with that, Lehohla offered that young South Africans between the ages of 15 to 24 are vulnerable in the labour market. He said:
“If you are a graduate you have 7 percent unemployment. If it’s other tertiary (institutions) that is your TVET institutions you will have 15 percent unemployment. Matric will have 27.1 percent and less than matric, 31.2 percent.
This is a very important statistic and it relates to what we invest for what outcome. It doesn’t mean that TVETs are not useful but why are they having people who qualify from there with such?”
Again, the Statistician General wailed that there is high unemployment in the labour market for black graduates aged 15 to 34. Hear him:
“The numbers suggest that there is something that is discriminating in the education system.
Either employers look at you and say you are black and you will not be employed or you come from an institution that does not shape you well for employment.
There is an interaction of the kind of qualification you get especially when you are black compared to other race groups. This needs serious attention.”
As specified by the Quarterly Labour Force Survey, between the age of 15 to 34, black Africans had an unemployment rate of 40.8 percent, coloured 29.2 percent, Indian/Asian 16.4 percent and whites 10.5 percent.
Generally, unemployment slightly shrunk by 0.6 percent quarter-on-quarter with 5.8 million South Africans being unemployed in the fourth quarter of 2016.
The decline in unemployment was identified in four of the nine provinces. And, North West recorded the biggest decline of 4%.
Gender-wise, unemployment rate among men decreased by 0.7 percent quarter-on-quarter. Likewise, it declined by 0.4 percent among women.
According to the survey, the unemployment rate among women decreased by 0.4% quarter-on-quarter, while the unemployment rate.