The Federation of Unions of South Africa (FEDUSA) is disappointed that the percentage of unemployed people has increased from 26, 6 percent in the second quarter of this year to 27, 1 percent in the third quarter according to figures that have been released by Statistics South Africa (StatsSA) today.

Mining, manufacturing and community and social services were the hardest sectors while agriculture, construction and financial services recorded gains in the number of employed people.

“The increase in unemployment can be directly linked to the fact that South Africa requires higher inclusive economic growth to support employment creation,” said FEDUSA General Secretary Dennis George.

“The leadership of the social partners should now focus on finding sustainable solutions to the constraints that have been identified as a requirements for greater savings and investments, and more productive use of capital by a better skilled workforce”.
There are also many policy alternatives that social partners could explore harness to achieve higher inclusive growth, concluded George.

 

Issued by FEDUSA