UASA Media Release: 14 November 2023
Statement by Abigail Moyo, spokesperson of the trade union UASA:
The considerable decrease of 0.7% in the unemployment rate in the third quarter (Q3) of 2023 is good news; however, more sustainable and efficient ways to reduce the unemployment rate are needed. The Quarterly Labour Force Survey (QLFS) released by Stats SA earlier today show that employed persons increased by 399 000 to 16.7 million, the highest since before the Covid-19 pandemic.
Employment gains were observed among all sectors, with the highest in the formal sector (up by 287 000), followed by the agricultural sector (up by 61 000), informal sector (up by 29 000) and private households (up by 22 000) in Q3: 2023.
Although the unemployment rate currently is 31.9%, a staggering 7,8 million individuals are still without jobs. South Africa continues to grapple with high unemployment levels, especially among young people and a weak economy, making it challenging for ordinary citizens to lead a normal life.
Once again, we plead with the government, leaders and stakeholders to look at proper investment strategies in some leading sectors, including mining, agriculture, manufacturing and the private sector, to boost employment in our country.
Although the employment figures are back to pre-Covid levels, the main concern is young people without jobs. According to Stats SA, at least 4.5 million young people are unemployed. Young people are our country’s future, and if the government cannot create enough sustainable jobs for young people, they can at least provide funding for those venturing into business. What prospects do the current students writing matric have in securing gainful employment?
If we fail to see urgent action from the government, fellow South Africans will sink into poverty even further. We encourage those who can start micro side hustles for extra income to do so; and if you have scarce skills, make them work for you. Additionally, to all job seekers, keep your heads up and continue to seek employment and upskilling opportunities that can be of economic use.
We must drive economic growth, and we all have a role to play.
For further enquiries or to set up a personal interview, contact Abigail Moyo at 065 170 0162 .