COSATU and ANC have reached no agreement on Youth Wage Subsidy
Contrary to media reports, the Congress of South African Trade Unions has not changed its policy on the Youth Wage Subsidy.
The federation is totally committed to the fight for jobs for youth. Millions of hungry, angry and desperate young people want the opportunity to work, earn a living wage and build a future for themselves, and COSATU is addressing their concerns.
We have over and over again warned that, as a result of the triple crisis of unemployment, poverty and inequality, the country is sitting on a ticking bomb. Young people constitute 63% of the working population, yet they make 72% of the unemployed. If we fail to provide these young people with the prospect of work and an income, the consequences for us all will be tragic.
The crisis of unemployment is however structural and there is no quick-fix solution. We require interventions to address the structural deficiencies we inherited from our colonial and apartheid past, in particular our dysfunctional education that continues to sideline millions and provide them with inadequate skills. A lot of the unemployed youth should in fact be at school, acquiring skills and increasing their employment potential.
In 2010 COSATU released a set of comprehensive proposals to address the triple challenge of unemployment, poverty and inequalities - A Growth Path Towards Full Employment. It articulated in greater detail the key stumbling blocks to job creation and proposed comprehensive responses to these.