Unemployment in South AfricaDescriptors amp; Determinants课件.pptVIP

Trade Unions Bargaining Councils Dependent Variable: Log of Monthly Earnings Quantile: OLS 0.1 0.25 0.5 0.75 0.9 Private Sector BC Member 0.03 0.05 0.01 0.02 0.02 -0.01 Public Sector BC Member 0.28* 0.32* 0.33* 0.26* 0.26* 0.19* Union 0.23* 0.35* 0.31* 0.27* 0.21* 0.15* Union-wage premia very high by international standards Role of bargaining councils (and renewed power of public sector BC) not to be under-estimated Union-Wage Premia in the SA Labour Market, 2005 Trade Unions Bargaining Councils Looking Ahead: Pro-Poor Growth? Growth path in the 1995-2000 period biased against the poor State Transfers in post-2000 period assist in spreading gains from growth Pro-Poor Growth and the Informal Economy Unemployment in South Africa: Possible Solutions Fix the Higher Education System to Focus on Narrowing Gap Between Supply Demand Improve Employment Placement (Information Asymmetries) A dual (youth/non-youth) labour market A Youth Cadet Service for the Public Sector Picking Winners in the Schooling System * * * * * School of Economics Development Policy Research Unit, University of Cape Town E-mail: haroon.bhorat@uct.ac.za Website: merce.uct.ac.za/dpru International Dispute Resolution Agencies’ Conference Mount Nelson Hotel, Cape Town 22-25th October HAROON BHORAT OVERVIEW A Descriptive and Econometric Overview Causes of Unemployment in South Africa: A Line-Up of the Usual Suspects A Menu of Possible Interventions ???????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????? Population: 40.2million Life Expectancy at birth: 47.7 GDP (current prices): $255 bill. GNI per capita: $5390 Merch. Trade (% of GDP): 47.1 Total Debt Service: 6.9 Internet users: 108.8 per 1000 Unemployment Rates Around the World Source: ILO (2007) Unemployment In South Africa: The First Decade of Democracy Unemployed numbered approximately 7.8 m