FET UBE Assignment Article.docx

FET UBE Assignment Article.docx - Unemployment plagues...

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Unemployment plagues Butterwort Reference: - Butterworth-20162004 Tags: Butterworth, Investment Summit, Mnquma, Youth Unemployment The youth of Butterworth is most affected by a lack of jobs and basic services. Residents of Butterworth have raised unemployment as one of the biggest challenges faced by the youth. This was raised during an investment summit currently taking place in the Mnquma Municipality. The summit focuses on boosting the economy of the municipality by creating jobs in the industrial and tourism sector as well as through investing in already existing enterprises. Residents say they are also troubled by a lack of basic services, such as electricity. Residents say they hope the summit will result in a reopening of unused factories that will create employment for the youth, who they say a large majority of has left the area for opportunities elsewhere. SA unemployment rate goes up Reference: - 20160905 Tags: Unemployment, Statistics South Africa, Dimakatso Leshoro South Africa's rate of unemployment went up above market expectations to 26.7% of the labour force in the first quarter of 2016, from 24.5% in the fourth quarter of last year. In its quarterly labour force survey, Statistics South Africa says this means over 5.7 million people were without jobs in the first quarter compared with 5.2 million previously. The expanded definition of unemployment, which includes people who have stopped looking for work, went up to 36.3% in the first three months of the year, compared to 33.8% in the last quarter of 2015. South Africa continues to battle the stubbornly high and structural nature of unemployment. Even though the unemployment level was expected to have increased given the slowdown in economic growth and the fact that seasonal jobs would have been shed in the last quarter of last year, today's figure was above expectations. Increasing the numbers are school leavers who may have started looking for work earlier in the year. SA’s high unemployment rate worsens Reference: - worsens-20160509 Tags: Gauteng, Johannesburg, Employment Statistics, Investment Solution, Unemployment, Lesiba Motata, Mike Schussler, Glorious Sefako-Musi The Quarterly Labour Force Survey revealed on Monday that unemployment in South Africa has worsened. It is at its highest since Stats SA started keeping record of employment statistics. The country's unemployment rate is now at 26.7%, up from 24.5% the previous quarter. The biggest job losses were recorded in trade, manufacturing and construction. The latest unemployment figures spell bad news for job seekers like Mamere Maenetja, who is armed with a BCom accounting degree from the University of Limpopo and having gone through a learnership and work readiness programme. She has over the years, tried starting her own business which later collapsed, she then settled for temporary jobs in sectors that had nothing to do with her field of study. This is working against her, as possible
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