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?
Recommendedby NEWSROOM AI
The Money Show’s Bruce Whitfield interviews Stephen Larkin, CEO at Africa New Energies.
Ever dreamt of just doing it? You may want a few pointers from someone who did. Meet Callan Williamson of Tortilla Modern Mexican.
The Money Show’s Bruce Whitfield interviews Dlala Nje founders Nickolaus Bauer and Michal Luptak.
Faster, sustained economic growth is the solution to so many of our problems. Here’s how to make it happen...
According to McKinsey, these five sectors of the economy could massively boost GDP growth in SA and create large numbers of jobs.
Why is our economy barely growing and how do we get it going? We spoke to ETM Analytics Chief Economist George Glynnos.
Co-Founder at TaxTim Marc Sevitz says no tax decrease for tax payers may be the only disappointment in the budget speech.
In his first budget speech, Tito Mboweni pledged a conditional R23bn a year for Eskom and a pay freeze for MPs and MPLs.
A woman was attacked on her way to work earlier this month.
Show host Eusebius McKaiser discusses the Netflorist ad which won an advertising standards case about using racial stereotypes.
Khabazela shares tweets and Facebook posts that have gone viral.
The vehicle's owner came out of the store just in time to scare away the man attempting to steal his bakkie.