Experts Weigh In On How Graduate Joblessness Can Be Resolved


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South Africa's unemployment rate hit a new high of 34.9% in the third quarter of 2021 and it has been reported that 1.2 million graduates are currently unemployed. This hits beyond the crisis level, let’s see what experts have to see about this.

 


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Unemployment numbers incline drastically quarterly and this is worrisome as the newly graduated youth are not immune at all.

New strategies need to be adopted and experts are now exploring how we can change the status quo.

SA Council for Graduates' Thamsanqa Maqubela said:

The manner in which we've been educating our people has got to go through very urgent and holistic change and overhaul that needs to give us an attitude that wants to win an attitude of fearlessness to be able to produce and to manufacture not just to seek unemployment and stand in queues and wait for employment.

The South African government has acknowledged that the current strategies need to be drastically scaled in order to address them.

Strategy Director at Yellowwood, Ntombizamasala Hlophe, says that the mistake made by most people is that they look up to the private or the public sector rather than self-income, thus limiting their choices, even going into bottle-neck industries.

Other countries have implemented this strategy of looking at other forms of employment as opposed to putting on blinkers and focusing on formal employment.

It's important that students are made aware of different streams that one can make use of to generate an income and job definitions are.

If the 1.2 million unemployed graduates population follow suit, this will lower the stats and further create employment even for those without a formal education.

This will help the country reap positive results in relation to the economy.

Adopting a problem-solving mindset will make South African youth thrive in their respective industries and businesses.

Should you notice fast growth in a particular industry, this simply means that more and more people are migrating to those industries.

Prospective students should be mindful of entrepreneurial opportunities, Maqubela puts emphasis on how this particular skill out to be taught as young as age 7 and make sure that they see opportunities soonest.






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