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South Africa is in a Crisis – Youth Empowerment is the Future.
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South Africa’s unemployment rate reaches new record high in first quarter of 2021
A record high of 32.6% of our population is unemployed reaching a total number of 7.242 million people in the last 3 months.
Africa’s most industrialised economy has long suffered from extremely high levels of unemployment, trapping millions in poverty and contributing to stark inequalities that persist nearly three decades after the end of apartheid in 1994.
The COVID-19 pandemic has exacerbated South Africa’s labour market woes. The economy was in recession before the country recorded its first coronavirus infection in March last year.
Youth Unemployment Rate increased to 63.30 percent in the first quarter of 2021 from 63.20 percent in the fourth quarter of 2020.
Of the 7,2 million unemployed persons in the first quarter of 2021, as many as 52,4% had education levels below matric, followed by those with matric at 37,7%. Only 2,1% of unemployed persons were graduates, while 7,5% had other tertiary qualifications as their highest level of education.
NEET Index (Not in employment, education or training)
There were about 10,2 million young people aged 15–24 years in Q1: 2021, of which 32,4% were not in employment, in education or training (NEET).
The NEET rate for females was higher than that of their male counterparts in both 2020 and 2021.
The Winter Wonderland Event is a non-profit community initiative which was established in 2009 aimed at developing the Seaside Village of Gordon’s Bay and surrounding areas through tourism, trade and entrepreneurship, whilst driving impact into local and vulnerable communities through purposeful action, job creation and inclusive collaboration whilst showcasing the spirit of local community.
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