38.8% youth unemployment rate suggests dark future for South Africa

(Also read: 'If we don’t get jobs, people from Alexandra will cross bridge and burn Sandton')

South Africa’s unemployment rate of 27.2% is the stuff of nightmares.

Its youth unemployment rate of 38.2% is an existential threat.

Did you know?

  • There are 6.1-million youthful South Africans who are actively looking for a job but can’t find one.

  • The Free State (34.4%), Eastern Cape (34.2%) and Mpumalanga (33.2%) have the worst unemployment rates.

  • The Western Cape (20.7%) has South Africa’s lowest unemployment rate.

  • The Western Cape created 40% of all South Africa's new jobs in the second quarter of 2018, despite having only 11.5% of the total population.

Does the Jobs Summit mean anything to South Africa’s longsuffering youth?

Ray White (in for Bruce Whitfield on The Money Show) interviewed Liesel Smith-Eksteen, a job creation strategist at Youth Employment Services.

Smith-Eksteen is optimistic after having attended Day One of the Summit.

Listen to the interview in the audio below (and/or scroll down for quotes from it).

There’s alignment…. across all of the programs. We are on track with the President’s plans on how to get people employed…

Liesel Smith-Eksteen, Youth Employment Services

A number of pilots are already in place…

Liesel Smith-Eksteen, Youth Employment Services

We started off with 28 early adopter companies… we’re probably at 100… corporates have been absolutely enthusiastic about… developing jobs where people live… all the way from indigenous crops like mopane worms… breaking down barriers of entries that SMEs have found…

Liesel Smith-Eksteen, Youth Employment Services

You can’t expect a corporate to double its workforce with youth…

Liesel Smith-Eksteen, Youth Employment Services

Youth have so much untapped potential… they are so connected. They have skills I could never dream of!

Liesel Smith-Eksteen, Youth Employment Services

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