11.2 million people now unemployed: BOSA’s Jobs Plan will put a job in every home
14 May 2024
Today’s release of the Quarterly Labour Force Survey (QLFS) for Q1:2024 illustrates the ANC’s inability to create new jobs and grow a vibrant, diversified economy. At 41.9%, our unemployment rate remains one of the highest in the world.
There are now 11.2 million people without a job or who have given up all hope of finding a job. The real cause for concern is the growth of unemployment over the past 10 years – with 3.1 million more unemployed South Africans now than in 2014.
All indicators suggest this trend is a ticking time bomb that requires extraordinary intervention. In particular, 3 in every 5 young South Africans between the ages of 15-24 years old cannot find a job.
Build One South Africa’s (BOSA) overriding mission is to ensure there is at least a job in every home. With an estimated 18 million households averaging 3.3 persons per household, to put a job in every home will require at least 2 million new jobs.
In January we unveiled our Jobs Plan – a blueprint to build a South Africa that works. Our Jobs Plan intends to foster and free up citizens to do the vital work of creating new jobs, new wealth and a vibrant, growing economy.
To support economic growth and job creation, our Jobs Plan spells out how BOSA will overhaul the education system to be modern and skills aligned, create a safer environment by radically reducing crime, and supporting this with a capable, efficient and merit-based government that gets on with doing the job.
Our Jobs Plan has four parts.
1. Growing the economy for jobs
2. Reforming education for jobs
3. Building a capable state for jobs
4. Creating a safe environment for jobs.
Under this plan, within five years it is possible to rapidly grow the size of the economy, create millions of new jobs and educate and upskill young people to compete at the very highest level.
This is our core offer to voters in this month’s election.
Issued by Roger Solomons, BOSA Acting Spokesperson, 14 May 2024
