The ILO estimates that 75m young people worldwide are jobless. “This is truly an untenable scenario”, said minster Oliphant.
“Large numbers of those young people have given up looking for employment.” The SA Department of Labour’s Public Employment Services branch is finding ways of matching skills to needs. SAMSA is even reaching out to schools.
“Learners and job seekers have been able to find out about bursaries, learnerships and in-service training, as well as how to access funding.
“They also have a chance to meet potential future key employers and inspiring people from industry, get free career advice, attend interactive information sessions, receive advice on writing a CV, and receive a toolkit with all they need to know about getting into the industry.”
The expo has also offered a full educator workshop programme and a comprehensive toolkit for teachers, to provide them with the necessary information and skills to teach learners about maritime careers. This is an important foundational phase.
Central to the matching of skills is the database that the Department of Labour is refining. The SA job vacancy database will only work when job seekers and employers take it seriously and use it for what it is supposed to be”, warned minister Oliphant.
“For employers, it means that the much needed warm body would be found without the employer spending a cent. The department is offering this service for free. We would also like to urge employers to register available vacancies on our database which would then make it easy to match need to skill.
“I have been overwhelmed and saddened during our job fairs and summits to see queues of young men and women snaking for blocks on end, waiting patiently for the chance to register on the database and with the hope that they will be able to find employment.
“It is cold comfort that the rate of unemployment remains below 25%… I urge companies who feel the squeeze to approach government in different spheres for relief. Through the Industrial Development Corporation (IDC), the Department of Labour offers assistance to companies in distress.”
R4b has been invested with the Industrial Development Cooperation, and of that amount, R2.9b has been approved for 168 business deals resulting in the creation of 17 406 jobs, and retention of 18 672 jobs. Combined jobs created and saved stands at 36 078.
The Department of Labour through UI branch has invested R37.8b in this regard. This money is invested in Government Bonds and parastatals.
The Department through Compensation Fund (CF) has set aside R2b which will be invested through the Public Investment Corporation for investment in social infrastructure projects and other job creation projects.
The projects to be funded will be identified and implemented once the investment mandate has been finalised.
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