Thursday, December 14, 2006

Job creation too slow - Cosatu

Nadia Samie
14 December 2006

The Congress of South African Trade Unions has lashed out at the slow rate of job creation in South Africa. Seventy-three thousand new jobs were created in the formal sector in the third quarter of 2006, and Cosatu says that this figure is nowhere near realising government’s intended target to half unemployment by 2014.

COSATU said in a statement that it is alarmed that too few of the new jobs are in the key manufacturing sectors, and that far too many of them are of a low quality: low-paid, insecure, casual, and even survivalist forms of employment.

The trade union federation says the pattern in the past year means that the working poor is a growing proportion of the workforce, while the proportion with quality jobs is declining.

The economy must be developed in a way that does not just enrich the already wealthy business people, but accelerates growth, shares the benefits of that growth, creates jobs, eradicates poverty and improves the lives of all South Africans.


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