The Reason This Generation Can't Find Jobs

Over the last decade, South Africa’s economic growth has languished at less than 1%, while the population has surged at a rate of 2.8%. This stark disparity has left a significant portion of the nation’s young people without the opportunities they desperately need to build their futures.

Despite the laudable efforts between 2004 and 2016, which saw over 180 billion rand invested in Black Economic Empowerment (BEE) transactions, the anticipated ripple effects on the broader economy have fallen short. These transactions, aimed at redressing historical injustices and fostering a more inclusive economy, have not translated into tangible, broad-based economic benefits commensurate with their financial scale. The envisioned upliftment and equitable economic growth remain largely unfulfilled.

The mismatch between economic growth and population increase exacerbates the unemployment crisis. With more young people entering the job market than there are jobs available, the competition for employment becomes fiercer, leaving many behind. This situation is further compounded by systemic challenges such as inadequate education systems, skills mismatches, and barriers to entrepreneurship.

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[cradlenyalungu]

We cannot undo what was done from 1652 in just 30years. We stabalised the economy to ensure those who need to catch up catch up educationally and economically. Still a long walk n we can do better with actors than observers

[ntokozomeyiwa]

Black economic empowerment is hardly responsible for the overall economy though. The intro is grossly incongruent with the overall argument and message.