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The impact of sectoral minimum wage laws in South Africa

By: Econ3x3      12th June 2013 The introduction of minimum wage laws in five non-agricultural sectors has not been associated with a significant loss in employment in the years... 

How much do unions and bargaining councils elevate wages?

By: Econ3x3      29th May 2013 Past studies have found that trade union members earn substantially higher wages than non-union workers. New results suggest a much lower union... 

How high is graduate unemployment in South Africa? A much-needed update

By: Econ3x3      13th May 2013 The frequently reported ‘crisis in graduate unemployment’ in South Africa is a fallacy based on questionable research. Not only is graduate... 

More From Econ3x3

Who are the middle class in South Africa? Does it matter for policy?

By: Econ3x3      30th April 2013 The middle class is a hot topic in media and policy circles. But how should the middle class be defined, particularly in a country with high levels... 

The Budget’s fiscal stance: The non-cyclical element may be a cause for concern

By: Econ3x3      16th April 2013 It is estimated that less than half of the present main budget deficit of 5.7% is explained by cyclical factors. The remainder reflects a... 

The Budget: both the fiscal stance and ‘structural stance’ are sound

By: Econ3x3      25th March 2013 Many economists have argued that the government’s fiscal stance in the recent budget is verging on the risky. This article argues that the fiscal... 

Reducing unemployment: Waiting for high growth? Waiting for Godot? 

By: Econ3x3      12th March 2013 In trying to reduce unemployment in South Africa, the pursuit of higher economic growth is the single most agreed-upon policy strategy. The... 

The unemployed in South Africa: Why are so many not counted?

By: Econ3x3      26th February 2013 The official rate of unemployment includes only the unemployed who are actively searching for work. However, findings from new data challenge this... 

The original criticisms of the Adcorp Employment Index

By: Econ3x3      20th February 2013 Adcorp’s estimated unemployment rate is so low that it disposes of the unemployment crisis. But Adcorp uses a crude currency-demand method to... 

Adcorp’s employment and unemployment figures are not taken seriously by researchers – yet they can do much harm

By: Econ3x3      12th February 2013 Adcorp’s unemployment figures are derived from weak research and is repeated too often by gullible journalists. Based on a flawed methodology and... 

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