• How Does the Incresing Unemployment Rate Affect the Youth of South Africa?
    How is the increasing rate of unemployment affecting the youth of South Africa? 1. Introduction A major problem in South Africa is the large number of young persons who are unemployed. In South Africa 50% of the South Africans who don’t have jobs, are youngsters. Today, a matriculation qualification...
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  • Is the Youth Wage Subsidy Good in a South African Context
    Introduction: The youth wage subsidy proposed by the national treasury has generated a heated debate in South Africa. This essay sets out to critically analyse this topic by exploring the merits and demerits of this proposal. This analysis will be conducted by firstly discussing the economic theory of...
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  • Youth Unemployment in South Africa: Reasons, Costs and Solutions
    Youth Unemployment in South Africa: Reasons, Costs and Solutions Word Count: +- 1940 words Introduction – A description of the question: “What are the causes of youth unemployment?” A high employment rate among the people of a nation promotes a spirit of dignity, independence...
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  • Unemployment in South Africa: Causes and Solutions
    South Africa has had a pervasive unemployment problem for the past forty years (Lam, Leibbrandt, & Mlatsheni, 2007). According to the Quarterly Labour Force Survey conducted by Stats SA (2012), of the 10.4 million South Africans within the ages of 15 and 24 years, 3.3 million (31.6%) are not in...
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  • unemployment in south africa
    the political transition in 1994, South Africa has witnessed the acceleration of its already high unemployment rate. South Africa currently has one of the highest unemployment rates internationally. This is the culmination of a long-term, yet steady, rise in unemployment that started as early as the 1970s...
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  • Discussing Why Unemployment Is Such an Important Issue
    why unemployment is such an important issue for governments and how it can be tackled in urban areas. AUTHORED BY Simon D. Ojera CONTENTS PAGE 1.0 Introduction…………....…………………………………….…………………………...1 2.0 The Concepts of Unemployment…………………...
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  • Economics Essay
    Introduction 3 1 Economic efficiency of minimum wages 3 - 4 2 The effect on unemployment 4 3 The effect on use and cost of capital in production 4 4 The effect on cost of production and inflation 4 5 The effect on productivity 4 6 The effect on international competitiveness 4 7 The consequence for long-term...
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  • Alleviating Youth Unemployment
    Alleviating Youth Unemployment The current state of unemployment in South Africa is one of major concern, with the main focus of this concern being on the alarmingly low level of youth employment. Of the already worrying 25% unemployment that exists in the country, 70% is attributable to individuals...
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  • woolwoths
    Assignment 1 Microeconomics - ECO 331 The South African labour market falls into the category of a mixed market economic system, where the price mechanism determines at what price labour is supplied dependant on demand; but at the same time government can step in and implement policies where they...
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  • Nedbank
    The government has been working on the high unemployment rate in south Africa, in the previous quota we have seen a decrease in the unemployment rate from a scary 25.5% from the 2012 forth quota to a still not good enough 24.9 in the first quota of 2013, these means 166000Unemployment declined by 166...
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  • Globalisation Not Good for Sa
    GLOBALISATION IS NOT GOOD FOR SOUTH AFRICA Globalisation refers to the process of the integration of economic, political, social and cultural relations among people, companies and governments of different nations and countries. It is a process aimed improving international movement of goods, services...
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  • Economics - Minimum Wage
    The role of minimum wages in the South African economy and the potential socio-economic consequences Abstract ------------------------------------------------- From an examination of South Africa’s current agricultural minimum wage and unemployment level as a case study. It was concluded that...
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  • The Impact of Immigration on the Labour Market: Evidence from South Africa.
    The Impact of Immigration on the Labour Market: Evidence from South Africa. BY OMAZULU SIBADA A dissertation submitted in fulfillment of the requirements for the degree of Master of Commerce in Economics. DEPARTMET OF ECOOMICS FACULTY OF MAAGEMET AD COMMERCE UIVERSITY OF FORT HARE SUPERVISOR:...
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  • Economics: Financial Crises
    major effects not only in America but also in other countries, which resulted in a fall in the Gross Domestic Product (GDP) and increased unemployment rates that had never been reached before in certain countries. The more economic developed countries (MEDC’s) such as America had greater effects compared...
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  • S.Kagee
    growth and its possible negative effects, given the growth without rising income inequality in the far-east and stagnating growth in sub-Saharan Africa in the face of rising inequality. This paper seeks to evaluate these warring opinions and assess where South Africa stands in the pursuit of growth and...
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  • socio economic issues
    Assessment Mr. R. Pillay Development of the self in society A. Unemployment. 1. Introduction The problem of unemployment is one of the most serious long-term economic problem challenges in the past decades. Unemployment is a major cost to the economy not just in the terms of lost production...
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  • Youth Unemployment
    Why is youth unemployment so high? May 8th 2013, 23:50 by J.F. | NEW YORK YOUTH unemployment is blighting a whole generation of youngsters. The International Labour Organisation estimates there are 75m 15-to-24-year-olds looking for work across the globe. But this figure excludes a large number...
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  • Sociological Imagination
    “Sociological Imagination” and try to apply this concept to identifying and understanding unemployment in South Africa in retrospect to the society and the history beneath it. I hope to interlink the personal problems of unemployment to crime, divorce suicide and child abuse in the observations of the work proposed...
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  • Business Environment
    global crisis on South Africa and Business • Summary • Bibliography • Annexure A – South African Current Account • Annexure B – South African Inflation rate • Annexure C – South African consumer confidence • Annexure D – South African unemployment rate Introduction ...
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  • Is the Agricultural Sector Facing a Change from Capital to Labour?
    The highly anticipated increase in the minimum wage for farm workers in South Africa following strikes by farm workers in the Western Cape came into effect on the 1st of March 2013. (Ramotloa, 2013) “After extensive national public hearings by Department of Labour (DoL) that started last year ending...
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