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29 March 2010

Unemployment: SA working solutions

Kim Trollip

Most economies are now struggling with higher unemployment, but in many cases employment will bounce back.

SA must create 700000 jobs a year to halve unemployment

Vast public works programmes will be needed

“The unemployment problem has simply become too big for business as-usual approaches. Creative solutions are essential”

– MIRIAM ALTMAN

Most economies are now struggling with higher unemployment, but in many cases employment will bounce back. The challenge is quite different for SA with its pre-existing high structural unemployment, poverty and extreme income inequality. The answers seem elusive. There is little doubt that special measures are needed, but which ones, and in what combination?

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Kim Trollip

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