• IS provokes sea-change

    It has been a grave mistake to defy both Russia and France, says Leopold Scholtz.

  • Nene's SAA nemesis

    No political figure seems to have the guts to speak out against Dudu Myeni, says Solly Moeng.

  • The mp3 revolution

    Ian Mann takes a look at the war between digital music and the compact disc.

All data is delayed
See More

SAIRR questions state jobs target

Jan 23 2012 11:45

Johannesburg - South Africa aims to create five million jobs by 2020 but has only created 624 000 in the last decade, according to a survey released on Monday.

"The data, which is sourced from Statistics SA, shows that total employment has increased by an average of only 0.5% a year since 2001," the SA Institute of Race Relations (SAIRR) said.

SAIRR researcher Lucy Holborn said the rate of job creation would need to rise nearly 10 times to meet the government's job creation targets.

Total employment increased by 624 000 in the last 10 years, according to the latest South Africa Survey, to be published by the SAIRR this week.

"Since 1994, the most jobs in any single year were created between 1997 and 1998, when total employment increased by 1.8 million," Holborn said.

However, in 2010 South Africa lost 833 000 jobs compared to 2009 - the biggest job loss under democracy.

Holborn said the data showed how difficult it would be to meet the 2020 target, given the trend over the past decade.

"However, in just two years between 1997 and 1999, 3.7 million jobs were created," she said.

"External economic factors, labour regulation, and policies affecting investor sentiment will all play a role in determining how much employment will increase over the next decade.

"The government has control over two of these three influences and it will need decisive action on its part to create the conditions necessary for so many jobs to be created over a relatively short space of time," Holborn said.

South Africa's official unemployment rate was 25% in the third quarter of 2011, according to Statistics SA.

The 800-page South Africa Survey, which has been produced every year since 1946, assesses aspects of South African life, from unemployment to health and education.

sairr  |  unemployment  |  sa economy  |  job creation


Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Company Snapshot

We're talking about:


Marketing is a big concern in SA's small business community, followed by a lack of confidence and partnering with the wrong people, according to a survey.

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

The 25 basis points interest rate increase is:

Previous results · Suggest a vote