With the number of school-leavers with poor skills on the increase due to technological advancement, some courses offered in the universities and colleges are no longer viable in the present economic system. Skills development means more and better opportunities for an individual because skills are vital to the growth of the economy, business expansion, and job creation. Some skill sets, which are presently scarce, are vital to the proper functioning of companies. Unfortunately, only a few possess these skills, making the demand to be high in the country.<\/p>\n
These scarce or critical skills, which are mostly related to STEM (science, technology, engineering, and mathematics), are good career choices in these fields and are less likely to be outsourced or replaced by automation. This makes them great opportunities for people searching for a lifelong career. In recent times, there has been a high rate of unemployment in South Africa and among many reasons that account for the unemployment level is lack of skills among prospective workers. As scarcity of professionals in some fields (especially healthcare, information technology, and business management) has been on the rise, the country has continued to battle with a high unemployment rate, which reached a bewildering level in the second quarter of the year.<\/p>\n
South Africa has one of the biggest economies on the African continent, however, the country’s unemployment rate emerged as the highest on a list of 82 countries in the world being monitored by Bloomberg in late August 2021. It was reported<\/a> that in the second quarter of the year that the unemployment rate increased from 32.6 percent to 34.4 percent. Though South Africa’s unemployment rate surged to the highest in August, the data from some of the countries monitored by Bloomberg is outdated.<\/p>\n\n