“Our economy is not growing. Not enough jobs are being created”
For young South Africans who are studying or seeking employment there is hope on the horizon, but it will require patience and the fortitude to persevere in the fourth industrial revolution.
South Africa’s economic outlook is gloomy at the moment, but if all the variables fall into place, employment opportunities can become a reality for those who are more than willing to grow the economy.
In his State of the Nation address, President Cyril Ramaphosa did not try to gloss over the harsh reality of the country’s dire economic status. “Our economy is not growing. Not enough jobs are being created,” he said.
Few South Africans will disagree with this summary of the state of the country.
More young people are entering the labour force every year and the economy needs to create far more jobs for youth than it currently does, merely to keep the youth unemployment rate steady, Ramaphosa said.
How to create the environment for job creation, especially for those entering the job market, has become government’s greatest conundrum.
The line in the sand has been drawn with the promise that by 2030 two million more young people will be employed.
Tangible plans have to be established and targets must be achieved to make this promise a reality and in so doing, transform South African society.