Employment, unemployment, skills and economic growth
Employment, unemployment, skills and economic growth
An exploration of household survey evidence on skills development and unemployment between 1994 and 2014
Statistics South Africa
Overview
? Exploration of skills within the South African workforce over the last 20 years, using data from: ? 1994: October Household Survey ? 2014: Quarterly Labour Force Survey
? Exploration of skills trends in terms of: ? Race ? Age
"The single most important investment any country can make is in its people."
National Development Plan
Economic growth
Good times!
7,5%
The South African economy (2003-2014)
Growth in GDP quarter-on-quarter (annualised)
Currently slow economic conditions in global economy, but domestic
factors as well. Is SA generating the skills necessary for economic development?
First q/q contraction since 2009
Recession
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