Ramaphosa Calls for National action to restore employment

Business News

Bongani Zitha |

President Cyril Ramaphosa has heeded the call for a National Action to restore employment.  The president calls on all South African to work together to come up with a rapid way to rebound employment in light of the latest unemployment figures.

Statistics South Africa released their quarterly Labour force survey on Tuesday and it showed the severe impact the global pandemic Corona virus has had on SA’s Labour market.

There has been a record loss of 2.2million jobs in the second quarter of 2020 and a significant decline in labour force participation during to Coronona virus pandemic nation wide lock down.

Cabinet is in the process of finalizing a program aimed at the return of growth and robust rebound in employment following a consensus amongst social partners at NEDLAC.  The government will expand it’s programs which are aimed at keeping people in work and maintaining livelihoods while the labour market recovers.

The President said: “Our success in responding to this unprecedented crisis will be measured by the speed of our labour market recovery. In addition to the relief measures we have already implemented, we must ensure that every job lost during the crisis is replaced and that more jobs are created so that we can meaningfully reduce unemployment.”

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