SA's youth unemployment rate a 'national emergency' - Gordhan

Finance Minister Pravin Gordhan has described South Africa's high youth unemployment rate as a national emergency.

Gordhan was speaking at the Accelerating Inclusive Youth Employment conference outside Stellenbosch on Tuesday.

EWN's Ilze-Marie Le Roux reports that members of the public and private sector gathered to discuss how to eradicate barriers to employment.

Gordhan applauded government’s youth employment initiative, which aims to place one million young people into paid intern positions over the next three years.

The high youth unemployment rate was attributed to lack of work experience, job-readiness and a poor education system, among other things.

This, combined with the country's 0% growth rate, only makes matter worse for the economy, explains Le Roux.

According to Stats SA’s quarterly survey, the country's unemployment rate is 37.5% for people between the ages of 15-34 in the second quarter of this year.

Gordhan has called on the private sector to collaborate with government, and pool their resources to address the issue.

Listen to the full conversation from The John Maytham Show (with Africa Melane):


Recommended

by NEWSROOM AI
Read More
VBS gave Zuma R8.5m before any security was provided for loan - News 24 journo

VBS gave Zuma R8.5m before any security was provided for loan - News 24 journo

News 24 investigative journalist Kyle Cowan reports that Zuma was granted the loan despite the fact that he could not afford it.

No layovers? World's longest flight from Singapore to NYC may open 'new market'

No layovers? World's longest flight from Singapore to NYC may open 'new market'

Airline guru Linden Birns says the direct flight opens up a new market of passengers who are willing to pay to avoid long delays.

Striking MyCiti drivers don't want to be outsourced, demand jobs with City of CT

Striking MyCiti drivers don't want to be outsourced, demand jobs with City of CT

Drivers are demanding better working conditions and an end to outsourcing, reports EWN's Monique Mortlock.

Arbitrator will step in to help resolve CT firefighters' pay dispute

Arbitrator will step in to help resolve CT firefighters' pay dispute

The City of Cape Town briefed the media on the labour dispute and the impact on fire and rescue operations on Monday.

Can't commit? Understanding commitment phobia and relationship anxiety

Can't commit? Understanding commitment phobia and relationship anxiety

Relationship anxiety is rooted in fear - fear of failure, fear of being inadequate, fear of rejection or of unmet expectations.

Tito Mboweni, Pik Botha, VBS and Floyd Shivambu - no holds barred on The Debrief

Tito Mboweni, Pik Botha, VBS and Floyd Shivambu - no holds barred on The Debrief

Politician Lindiwe Mazibuko, economist Refilwe Moloto, and journalist Rose Rogers have discussed the biggest topics this week.

Popular articles
Major General Johan Booysen says he feels vindicated by Sunday Times apology

Major General Johan Booysen says he feels vindicated by Sunday Times apology

Former KZN Hawks head Major General Johan Booysen says rogue elements within crime intelligence used journalists.

WATCH: Monkey takes the wheel, and Trump says climate change will "change back"

WATCH: Monkey takes the wheel, and Trump says climate change will "change back"

Khabazela shares some of the most popular tweets, posts, and videos on 'What's gone viral'.

Ramaphosa sets the ball rolling for the appointment of new NDPP

Ramaphosa sets the ball rolling for the appointment of new NDPP

Several legal entities and independent public institutions have been asked to help select possible candidates for the position.

ASOM: You can be a groundbreaker, a leader and a lady - Lerato Mbele-Roberts

ASOM: You can be a groundbreaker, a leader and a lady - Lerato Mbele-Roberts

BBC World News journalist, Lerato Mbele-Roberts shares a personal story of her experience at her Alma Mater (St Mary's School).

Stormy weather expected over parts of South Africa

Stormy weather expected over parts of South Africa

The South African Weather Service is predicting some much-needed rain over some parts of South Africa over the weekend.

R10 million siphoned from VBS to Floyd Shivambu's personal account

R10 million siphoned from VBS to Floyd Shivambu's personal account

Top ANC officials, along with senior EFF members are among those being fingered in the scandal relating to more than R1 billion being siphoned out of VBS Mutual Bank.

Sunday Times has seven days to confess to state capture role, warns O'Sullivan

Sunday Times has seven days to confess to state capture role, warns O'Sullivan

Private eye Paul O'Sullivan says the Sunday Times was an integral part of state capture and needs to come clean or face a boycott.