Jobs bloodbath a clarion call for vaccine mandate, renewable energy uptake and basic income grant implementation
29 November 2021
The 3rd quarter labour force report confirms an ongoing jobs bloodbath in South Africa. The country is struggling to rebound from the Covid-19 economic meltdown, and is continuing to squander opportunities to fix things.
The 35% official unemployment rate (which is closer to 50% when you include those who have given up looking for work) is beyond dire. It is economically and socially unsustainable, and has the potential to ferment conditions of instability.
South Africa cannot continue to tinker around the edges, and cannot be held to ransom by ruling party factionalism that has the effect of erecting speedbumps on the road to recovery. Government must take decisive and courageous steps to lead the country and rebuild the economy.
In order to bring stability to existing economic activity and trade we must mitigate the prospect of any more pandemic-related lockdowns by rapidly increasing the number of adults fully vaccinated. The President’s announcement, on Sunday evening, of a vaccine mandate task team is welcome but we need a swift decision to implement this mandate. Vaccination mandates have been known to rapidly increase the rates of immunization and it is clear that South Africa cannot afford to dawdle and risk another surge of infections that will require further trade restrictions. We urge the government to bring certainty to the vaccine mandate debate.