The Struggle of South Africa's Labor Market

Author:

Madumi Phathutshedzo1

Affiliation:

1. University of Stellenbosch, South Africa

Abstract

The South African labor market is facing several challenges, including stagnant real wages and rising living costs. These challenges have significant implications for workers, their families, and the broader economy. This chapter has explored the challenges facing the South African labor market, and their implications for workers and their families. The chapter has also provided potential solutions, including policy interventions that promote wage growth and reduce living costs, as well as education and training policies that promote social mobility. Addressing these challenges will require a comprehensive approach that involves policymakers, civil society, and the private sector. By implementing these solutions, South Africa can build a more prosperous and equitable labor market that benefits all of its citizens.

Publisher

IGI Global

Reference47 articles.

1. The Redistributional Effects of Inflation

2. Bankservafrica. (2023). Low confidence levels hurt SA salaries. https://www.bankservafrica.com/blog/post/low-confidence-levels-hurt-sa-salaries

3. Barnard, G. (2009). Realising South Africa’s employment potential. OECD Economics Department Working Papers, No. 662. Paris: OECD Publishing.

4. Productivity and unemployment over the business cycle

5. Unemployment–inflation trade-offs in OECD countries

同舟云学术

1.学者识别学者识别

2.学术分析学术分析

3.人才评估人才评估

"同舟云学术"是以全球学者为主线,采集、加工和组织学术论文而形成的新型学术文献查询和分析系统,可以对全球学者进行文献检索和人才价值评估。用户可以通过关注某些学科领域的顶尖人物而持续追踪该领域的学科进展和研究前沿。经过近期的数据扩容,当前同舟云学术共收录了国内外主流学术期刊6万余种,收集的期刊论文及会议论文总量共计约1.5亿篇,并以每天添加12000余篇中外论文的速度递增。我们也可以为用户提供个性化、定制化的学者数据。欢迎来电咨询!咨询电话:010-8811{复制后删除}0370

www.globalauthorid.com

TOP

Copyright © 2019-2024 北京同舟云网络信息技术有限公司
京公网安备11010802033243号  京ICP备18003416号-3