South Africa’s Finance Minister Nhlanhla Nene has a difficult task of performing a balancing act as the country’s economy grows slowly.
Reuters/Sumaya Hisham
Might the lessons of Australia’s super-efficient welfare system offer a potential way forward for the development of a basic income – a universal, low but adequate payment?
Spark of life? The global steel market has no thought for the UK industry.
Kailash Gyawali
Young people are shunning Africa’s agricultural sector despite high levels of unemployment and food insecurity. This underscores the need to demonstrate the profitability of agriculture.
Those who become homeless at or before the age of 15 have an employment rate of just 10%.
Mick Tsikas/AAP
To mark the African National Congress’ policy review conference, we bring you a selection of previously published articles about the state of South Africa’s governing party and the country.
The current discussion about youth unemployment overlooks some nuances of the data that should be helping shape policy.
Unemployed South Africans wait for work outside a factory gate in downtown Johannesburg. A wage subsidy could help reduce the numbers by offering opportunities to school leavers.
Reuters
South Africa’s unemployment figures have been stubbornly high over the past two decades. One policy measure that could help alleviate the pressure is a youth wage subsidy.
Scott Morrison claims that New Zealand provides Australia with a model for welfare reform.
AAP/Lukas Coch
There is no mandatory four-week wait for young people to receive benefits in New Zealand.
Unused cooling towers overlooking an informal settlement in Soweto. A new study suggests that poverty in South Africa is actually higher than the figures usually quoted.
Reuters/Siphiwe Sibeko
A review of South Africa’s methodology to measure poverty shows that 60% of people in the country are poor. This is way higher than the figures that are usually quoted.
Employment growth does not equal ‘jobs creation’.
AAP Image/Joel Carrett
Politicians all too often use monthly jobs numbers to infer that the other mob is doing a bad job or that they are doing a great job at managing the economy. But that’s a flawed use of the data.
The gig for you?
Image sourced from Shutterstock.com
Australians are used to casual work, but there’s not yet any evidence the gig economy is taking off.
Unemployment is the main concern for about half of South Africa’s poor population while the other half is concerned about low earnings or the poor quality of work.
Reuters/Jon Herskovitz
One in five workers in South Africa is poor. The plight of the working poor has wide implications. Employers have a responsibility to ensure a minimum level of decent wages.
Workers are still feeling a little pinched.
Empty wallet via www.shutterstock.com
The July employment report suggests the recent trend of lackluster gains in jobs and wages is continuing, and a rate hike should therefore be off the table for the time being.
A coalition of companies including Starbucks and Walmart plan to help 100,000 young people jumpstart their careers. It’s a good start, but much more needs to be done.