The disturbing figures recorded repeatedly leave no hope for the millions of unemployed as well as the youth striving to get higher education hoping to secure jobs.
The Quarterly Employment Statistics (QES) indicate that total employment decreased by 67,000 or -0,6% quarter-on-quarter, from 10,731,000 in December 2023 to 10,664,000 in March 2024. This was due to decreases in the trade, community services, business services and mining sectors.
While manufacturing, transport and construction recorded increases, the lack of job creation remains the most significant setback for growth and development as the jobs gained cannot match the jobs lost. Total employment decreased by 74,000 or -0,7% year-on-year between March 2023 and March 2024.
We remind the government that the bottom line remains sustainability over temporary measures. South Africans need jobs that contribute to livelihoods and growth in the long run. We need fundamental investments in science, technology, engineering and mathematics (Stem) as well as in education and vocational training programmes that align with market needs, ensuring that young people are equipped with relevant skills.
As reported in the 2024 UASA South African Employment Report (SAER) presented by Carel van Aardt from the Bureau of Market Research (BMR), there are many reasons for the weak employment growth performance in the agriculture and mining sectors. According to the report, job creation will merely be a dream unless the government starts addressing challenges, including inter alia:
We cannot rely on temporary measures like short-term employment and the informal sector. We urge the new government to urgently address the unemployment crisis to sustain our economy.
At this rate, with no solution at hand, we will soon be facing a national crisis as fellow citizens become desperate to survive.
