The elephant in the room is labour law and the labour movement. We all know what needs to be done in the state-owned enterprises…— Andrew Levy, Labour Economist - Andrew Levy Employment
Unless they’re willing to contemplate a situation like Zimbabwe and Venezuela… that is the alternative direction in which we’re heading. Already South Africa has lost its leading role in Africa…— Dr Azar Jammine, Chief Economist - Econometrix
Non-agricultural formal sector employment grew by 22 000 jobs in the first three months of 2019, according to Statistics South Africa.
Total employment grew by 76 000 jobs (0.8%) in March 2019 when compared to the same period last year.
There were 10.174 million people formally employed in South Africa in Q1/2019 compared to 10.152 in Q4/2018.
Of those people employed more than a million jobs were part-time.
Listen to the interviews in the audio below (and scroll down for more quotes from it).
Indeed, it is a crisis… it’s been growing for a long time. It’s been growing steadily. It can be traced to the dismal economic performance of the past decade… I don’t see it alleviating in the next two quarters.— Andrew Levy, Labour Economist - Andrew Levy Employment
We are falling foul of our own actions. Some radical steps are needed.— Andrew Levy, Labour Economist - Andrew Levy Employment
You can’t pay want you ain’t got…— Andrew Levy, Labour Economist - Andrew Levy Employment
How much closer to the blades of the fan can we get before there’s a wakeup call?— Andrew Levy, Labour Economist - Andrew Levy Employment
The educational system… [does not prepare] the country for the Fourth Industrial Revolution.— Dr Azar Jammine, Chief Economist - Econometrix
Government has proved itself totally incapable of running the state-owned enterprises…— Dr Azar Jammine, Chief Economist - Econometrix
The labour market laws have to be adjusted…— Dr Azar Jammine, Chief Economist - Econometrix
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