Matriculants face a bleak future

Lusanda Bill
11 October 2011

An economist says the sluggish pace of the South African economy means this year’s matriculants face bleak prospects when they enter the job market next year.

Efficient Group economist Dawie Roodt says a growth rate of at least 5-percent annually is needed to stimulate job creation.

He says it is unlikely that the government’s youth subsidy will help.

Roodt added that matriculants finishing this year chances are 50 percent of them will not have a job by the end of next year.