Sat May 25 08:55:00 SAST 2013
Sat May 25 08:55:00 SAST 2013

No big hooray for job seekers

Aug 7, 2012 | Sapa | 3 comments

The ANC's proposed job seekers' grant has been met with far less enthusiasm than the abandoned youth employment subsidy.

Picture taken from www.socialmediafaq.org

 It's not clear that the ANC has identified the problem of unemployment correctly 

"The job seekers' grant will have nowhere near the impact the youth wage subsidy would have had," Adcorp labour market analyst Loane Sharp said.

"The change from the unemployment subsidy to a job seekers' grant involves such a totally different economic method of working that it's not clear that the ANC has identified the problem of unemployment correctly."

The ANC resolved at its June policy conference to include a job seekers' grant as part of the comprehensive social security package, in response to submissions by the National Youth Development Agency and the ANC Youth League.

The party has shown no appetite for the youth wage subsidy put forward by national Treasury last year in an attempt to alleviate the high youth unemployment rate.

Treasury estimates that unemployment among those under the age of 25 years, is about 50%, accounting for 30% of total unemployment.

The two-year subsidy for employers who take on first-time workers, could create 178000 new jobs at a cost of R28000 each, the Treasury said.

The subsidy was meant to be put into effect in April this year, but had been stuck in negotiations.

Cosatu is strongly opposed to the subsidy, arguing it would give companies an incentive to let go of existing workers.

Sharp said the grant would subsidise the cost of recruitment, which was unnecessary.

But the youth wage subsidy, could have created more than 500000 jobs.

"Our own estimates suggest Treasury was conservative in estimating the number of new jobs that would be created." 

Comments

Sat May 25 08:55:00 SAST 2013 ::
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Aug 7, 2012

Maratachelete

Ok,do they want to create jobs,or not,because this stalling is not helping the thousands of unemployed people.African National Crisis,apply your mind already gees!
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Aug 8, 2012

JB$


The person who wrote this should be PRESIDENT! - BRILLIANT!

Dear President Zuma,

Please find below our suggestion for fixing South Africa 's economy.

Instead of giving billions of rands to the government that will
squander the money on lavish parties and unearned bonuses, use the
following plan.

You can call it the Patriotic Retirement Plan :

There are about 10 million people over 50 in the work force.

Pay them R2 million each severance for early retirement with the
following stipulations :

1) They MUST retire.
Ten million job openings - unemployment fixed

2) They MUST buy a new car.
Ten million cars ordered - Car Industry fixed

3) They MUST either buy a house or pay off their mortgage -
Housing Crisis fixed

4) They MUST send their kids to school/college/university -
Crime rate fixed

5) They MUST buy R100 WORTH of alcohol/tobacco a week.....
And there's your money back in duty/tax etc

It can't get any easier than that!

P.S. If more money is needed, have all members of parliament pay back
their falsely claimed expenses and second home allowances

If you think this would work, please forward to everyone you know.

Also.....
Let's put the pensioners in jail and the criminals in a nursing home.

This way the pensioners would have access to showers, hobbies and walks.

They'd receive unlimited free prescriptions, dental and medical
treatment, wheel chairs etc and they'd receive money instead of paying
it out.

They would have constant video monitoring, so they could be helped
instantly, if they fell, or needed assistance.

Bedding would be washed twice a week, and all clothing would be ironed
and returned to them.

A guard would check on them every 20 minutes and bring their meals and
snacks to their cell.

They would have family visits in a suite built for that purpose.

They would have access to a library, weight room, spiritual
counselling, pool and education.

Simple clothing, shoes, slippers, PJ's and legal aid would be free, on request.

Private, secure rooms for all, with an exercise outdoor yard, with gardens.

Each senior could have a PC a TV radio and daily phone calls.

There would be a board of directors to hear complaints, and the guards
would have a code of conduct that would be strictly adhered to.

The criminals would get cold food, be left all alone and unsupervised.
Lights off at 8pm, and showers once a week. Live in a tiny room and
pay R1,000.00+ per week and have no hope of ever getting out.

Think about this (more points of contention) :

COWS
Is it just me, or does anyone else find it amazing that during the mad
cow epidemic our government could track a single cow, born in
Rivier-sonder-End almost three years ago, right to the stall where she
slept?

And, they even tracked her calves to their stalls. But they are unable
to locate 200,000 illegal immigrants wandering around our country.
Maybe we should give each of them a cow.
------------------------------------------------------------------------

LASTLY
Think about this ... If you don't want to forward this for fear of
offending someone -- YOU ARE PART OF THE PROBLEM! It is time for us
grumpy old folk of S.A. to speak up!

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Aug 27, 2012

MmaSeshego

@JB$
That person is brilliant indeed... no need to elaborate on what s/he said. it is so plain and simple that even that those who fail to comprehend the plight of the people will understand because it spells it out for them...
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