Data published by Statistics South Africa at the end of March shows that the country’s official unemployment rate rose 0.4 percentage points to a record 35.3% in the fourth quarter of last year.as the country is unable to absorb younger workers into the labour force.
“Low education levels and obstacles in hiring foreign workers weigh on the supply side of the labour market as companies struggle to find qualified workers. On the demand side, strong labour unions and wage-bargaining arrangements that lack cross-sector coordination also drive up wages.” “The ruling African National Congress’s strong links with worker’s unions make such reforms particularly unlikely,” it said.One of the biggest areas where this mismatch is most evident is in skilled IT and tech jobs.
Stupid do the hiring….that the issue?!!