Youth unemployment remains a massive economic setback in South Africa despite data this week showing more youth were being employed, says transformative development partner Afrika Tikkun.
In an interview with Business Report, after the release of Statistics South Africa’s Quarterly Labour Force Survey results for the third quarter of this year, it said the youth remained vulnerable in the labour market.
The third quarter of 2023 StatsSA results showed that the number of unemployed youth (15 to 34 years) decreased by 174 000, to 4.6 million, while there was an increase of 237 000 in the number of employed youth, to 6.0 million. This resulted in a decrease in the youth unemployment