Posts tagged with 'Jobs'

 

1 in 3 South Africans Out of Work as ANC Sets All Time Unemployment Record with 2.2 Million Jobs Lost in 2Q 2020!

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COVID-19 The Gift That Keeps Giving! Any analysis of unemployment figures in South Africa should always be prefaced by the reminder, that it is a stated Socialist and Communist goal to move workers out of private sector jobs (capitalism) and into state employment or onto state welfare. This simple fact should make it abundantly clear why Ramaphosa, ANC & SACP could hardly contain their joy when Covid19 struck SA. Indeed they have wielded the CCP Virus to strike down private enterprises (mostly targeting white owned businesses) to great effect. We were asked to stay home for a few months in an extremely draconian lockdown, “so that the government can prepare for the coming crisis“. Yet now they are telling us the crisis cannot be avoided, cannot be stopped and will come back again? Feeling foolish yet? They no longer think we are stupid, they now KNOW we are!

The socialist ANC government with its communist SACP passenger, has a well honed abilit
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Poor economic conditions in SA cause job losses

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With the latest announcement from Telkom regarding the retrenchment of nearly 3,000 employees, the mining industry has also warned that they will be following the same route.

Glencore and Merafe are also retrenching due to the poor economy and the extremely expensive electricity.

Unconfirmed reports indicate that about 1,000 jobs have been compromised, of which 660 are at the Rustenburg plant.

The announcement makes the list of larger institutions starting retrenchments longer, and financial experts say it is the beginning of an ever-growing list, which could cause an alarmingly high unemployment rate.

The retrenchments are directly linked to the decline in business due to the poor economic situation in which South Africa finds itself, and the poor power supply is also directly linked to the situation.

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Matric class of 2019 will struggle to find jobs – SA Youth unemployment rate rose to 58.2 percent in the third quarter of 2019

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South Africa’s matric class of 2019 has achieved impressive results, but may struggle to find work as the country faces constrained employment in 2020.

John Botha, chief operation officer at Global Business Solutions, said that this is highlighted by the country’s current growth level. Using a labour elasticity formula he noted that for each 1% growth in the GDP there is a corresponding 0.7% growth in employment.

“With a forecast 1.5% growth in 2020 along with accelerating technological disruption, the best-case scenario is that there may be around 100,000 new jobs created,” he said.

“This is a major challenge given that more than 500,000 grade 12s left the secondary schooling system in 2019.”

South Africa’s unemployment rate climbed to 29.1% in the third quarter of 2019 – its highest rate in over 16 years, while the real unemployment rate is closer to 40%.

Botha’s comments align with data from the Manpower Group’s Employment Outlook
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Eskom engineer not entitled to promotion because he is white, no wonder the power utility is in such a mess

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A white engineer at Eskom is being assisted by Solidarity trade union after he applied 2 times for posts at the power station where he currently works – posts for which he was the best candidate – but was told that the posts can’t go to him because he is a white male.

Eskom’s initial plan was to reduce whites in engineering posts with 336 but that plan was dropped in February this year after the Eskom CEO Phakamani Hadebe asked for a postponement from the Labour department because of a critical skills shortage. A black candidate who was not fully qualified got the one post for which the white engineer applied in a temporary capacity because there is no black engineer available who is fully qualified. The post has to do with risk management of high pressure equipment and an engineer has to have a specific certificate to be able to do that.

The white engineer has that certificate, the black engineer don’t and now the white engineer still has to do the job of the bl
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SAA strike costing R52 million a day and with a bankruptcy record it could mean the end of the entity

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More than 3000 workers affiliated with Numsa and Sacca downed tools at SAA on Friday over a wage dispute and plans to cut more than 900 jobs, costing the airline about R52 million a day.

The interim chief financial officer of SAA Deon Fredericks, said the strike was pushing the struggling airline to unsustainable levels. “If this strike continues, we are running the risk of putting SAA out of business,” Fredericks said.

Even though they are working with Mango Airlines to accommodate as many customers travelling on domestic services as possible and refunding passengers their flights or travel with other airlines.

SAA is facing a crippling onslaught by the National Union of Metalworkers of SA (Numsa) and the South African Cabin Crew Association (Sacca). The national air-carrier is threatening the unions with legal action if they fail to retract comments that the safety of passengers cannot be guaranteed.

Over the weekend, Numsa said anyone flying with SAA
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