Solving SA’s Unemployment Crisis Starts at School Level
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GUEST: Dr Corrin Varady, CEO IDEA SA
The Quarterly Labour Force Survey (QLFS) for the first quarter of 2023 has revealed a 0.2% increase in the country's official unemployment rate, confirming the International Monetary Fund’s prediction that South Africa will have the highest jobless rate globally this year. In light of this, Dr Corrin Varady, CEO of ed-tech platform IDEA, questions whether the country’s unemployment rate is due to a lack of job creation or a lack of skills development. “Government is creating jobs and there are funds available to do so. But both the public and private education sectors need to make sure that we’re equipping the population with the right skills to be able to take on those jobs.”
The Quarterly Labour Force Survey (QLFS) for the first quarter of 2023 has revealed a 0.2% increase in the country's official unemployment rate, confirming the International Monetary Fund’s prediction that South Africa will have the highest jobless rate globally this year. In light of this, Dr Corrin Varady, CEO of ed-tech platform IDEA, questions whether the country’s unemployment rate is due to a lack of job creation or a lack of skills development. “Government is creating jobs and there are funds available to do so. But both the public and private education sectors need to make sure that we’re equipping the population with the right skills to be able to take on those jobs.”
