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- W2278751404 abstract "Unemployment is a major challenge facing the youth in South Africa and other countries around the world. The downsizing of operations of big companies which require less labor-force participation as well as the advances in technology have contributed to the number of jobs lost in the process. Furthermore many of the previously labor intensive industries have shifted focus and are now using strategic methodologies to improve productivity and the public sector is looking at improving service delivery with a reduced workforce. In addition employment budgets are being cut to fund delivery of services to previously disadvantaged communities. With the 5-6 million people presently unemployed and a further 1.4 million likely to be so by 2005 South Africa faces an economic and social crisis that will have greater impact than the political achievements of the past few years. The Presidential Jobs Summit was held to look into some of the critical issues facing the unemployed majority. This summit set out a framework and policy guideline to address the plight of this population group. Eradicating employment and poverty calls for a collective effort not just by the government alone or by small or big businesses alone. Through dedication and commitment to hard work to the acquiring of skills by striving towards entrepreneurship and by focusing on individual strengths everybody can make a valuable contribution to the economy." @default.
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- W2278751404 date "2000-01-01" @default.
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- W2278751404 title "Unemployment -- the challenges facing South African youth." @default.
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