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Increasingly high minimum wages are keeping the unemployed out of work; too few learners are graduating from high school or taking up tertiary education; the skills shortage is deepening; overregulation is entrenching an inflexible cost of labour; and South Africa is becoming less competitive as a nation. Lack of leadership on the issue is only making matters worse. The debate on how to solve unemployment in South Africa has reached an impasse, which is only perpetuating and exacerbating the problem. ‘The New Divide’ encourages open-minded deliberation among leaders in Government, business and labour.
It scrutinises the root causes of the impending unemployment crisis and makes recommendations on how to potentially solve each of them. Unchecked, the official unemployment figures could rise to ten million over the next five years, and 16 million over the next decade. The longer we prevent the unemployed from entering the job market, the sooner we will create a new apartheid… plunging our young democracy into the depths of social chaos.
Published by TerraNova, sponsored by Adcorp, written by Richard Pike, Loane Sharp and Ted Black ‘The New Divide’ explores the many factors contributing to unemployment, and puts possible solutions on the table for debate. Pulling no punches, it challenges Government, business and labour to include the unemployed in reaching consensus on a way forward … before it’s too late.