QLFS: GNU must cut job-killing regulations now, demands FMF
13 August 2024
The Free Market Foundation (FMF) calls on the new Government of National Unity (GNU) to cut job-killing regulations and lower the barriers to entry into South Africa’s labour market. This comes after Stats SA released its latest Quarterly Labour Force Survey on 13 August 2024.
Millions of South Africans are currently being locked out of the labour market through harmful and overzealous labour laws and regulations that may benefit those who are already employed but consign the unemployed to near permanent joblessness. It is time for the GNU to wake up and take the plight of working-age South Africans seriously.
“The solution to the jobs crisis is obvious to all except some in organised labour and affiliated members of government. The time has come however to look beyond their interests and deregulate the labour market in South Africa,” says Zakhele Mthembu, FMF Policy Officer.
The FMF has long championed the Job Seekers Exemption Certificate (JSEC), which would enable prospective employees to voluntarily exempt themselves from rigid labour laws. This proposal, says the FMF, represents the most expedient and effective means by which to assist the chronically unemployed.