The Science Of ...

'Would you rather be unemployed, or have a less-than-ideal first job?'

The Money Show’s Bruce Whitfield interviewed Ann Bernstein, Executive Director at the Centre for Enterprise and Development, for his weekly "The Science Of" feature.

Bernstein spoke about the science of growth and jobs.

Scroll down for quotes from the audio below.

South Africa has one of the largest unemployment rates in the world.

Ann Bernstein

We have long-term, structural problems.

Ann Bernstein

We don’t have a highly skilled workforce.

Ann Bernstein

We haven’t fixed education in the last 20 years.

Ann Bernstein

More and more young people are growing up in households where nobody works.

Ann Bernstein

Are you in favour of ‘no wage’ or a ‘low wage’?

Ann Bernstein

Hundreds of thousands of people have lined up for very poorly paid public works jobs.

Ann Bernstein

A public works job is temporary. A private sector job at a low wage gives you a foot on the ladder.

Ann Bernstein

High growth will definitely create much more jobs in South Africa.

Ann Bernstein

Some of our universities are world-class and some are not. Employers think about this.

Ann Bernstein

We need a massive improvement in South Africa’s vocational education.

Ann Bernstein

Even though the economy is bad we still have a skills shortage.

Ann Bernstein

South Africa has about 7.5 million people that didn’t have a good education. We have to provide jobs for the workforce we have today, not for the one we hope to have 10 years from now.

Ann Bernstein

'Would you rather be unemployed, or have a less-than-ideal first job that gets you on the ladder of opportunity, if you don't have any other options?

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