South Africa to create 5-million new jobs

The South African government has unveiled its plan to create 5-million jobs over the next decade and reduce unemployment by 10%.

Cabinet ministers have endorsed the government’s new growth path programme, which details its employment plans. The path will prioritise job creation in the government’s economic policy, Minister in the Presidency Colins Chabane said in a statement on 26 October 2010. Chabane is responsible for monitoring and evaluation.

“The new growth path is a broad framework that sets out a vision and identifies key areas where jobs can be created,” he said.
The government’s target is to reduce unemployment from 25% to 15% within 10 years. Jobs are planned to be created in both the public and private sectors, but with greater focus on the latter.

Statistics South Africa confirmed on 26 October that the current unemployment rate in the country is as high as 25.3%, with young people being the most affected.

“The new growth path is intended to address unemployment, inequality and poverty in a strategy that is principally reliant on creating a significant increase in the number of new jobs in the economy, mainly in the private sector,” added Chabane.
All departments have to draw up detailed implementation plans and submit them to the Cabinet over the next six months.

Read more: MediaClubSouthAfrica

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