- More than 60% of South Africa’s workforce is under 30
- Youths are disproportionately affected by unemployment. 50% of workers aged 15-24 were unemployed in 2015
- A high proportion of young people fail to complete secondary education
- Because of that a large number of youths has no access to further education
- Both youths and workforce are inadequately educated for modern day job employment
- Skills demand is changing rapidly
South Africa and its youths
South Africa's 54 million population is largely made up of young people with 66% of the total population below the age of 35 years. 18.5% are between the ages of 10 - 19, and 24% are aged between 15 - 24 years. South Africa acknowledges the potential and wealth of having such a young population. It recognizes the energy and resourcefulness of its young people and already has numerous programs and organizations in place to capitalize on that potential like there is the South Africa’s National Development Plan “NDP Vision 2030”: The South African government however also recognizes it has not been successful enough in addressing the problems of high youth unemployment.
Fourth Industrial Revolution
The root of unemployment is not only a lack of jobs; a key underlying issue is also the inadequately educated workforce. And this challenge is likely to be amplified in the coming years due to the Fourth Industrial Revolution, characterized by fast-paced technological progress combined with other socio-economic and demographic changes, which will further transform labour markets.
According to the World Economic Forum’s Future of Jobs study, the result could be a net loss of over 5 million jobs in 15 major developed and emerging economies – including South Africa. The study highlights that skill demands will change significantly over the next five years, pointing at the importance of aligning education with skills needed in the labour force. (World Economic Forum on Africa 2016 about South Africa , May 2016, Rwanda).
The need for Young Africa in South Africa
Youth Unemployment Rate in South Africa increased to 55.90 percent in the second quarter of 2017 from 54.30 percent in the first quarter of 2017. Youth Unemployment Rate in South Africa averaged 51.93 percent from 2013 until 2017, reaching an all time high of 55.90 percent in the second quarter of 2017.
Young Africa offers an innovative, high impact solution to youth unemployment. Since 1998 we have empowered over 35.000 young people in Southern Africa through Young Africa’s Integral Youth Empowerment Program. For South Africa Young Africa SA aims to help 25.000 youths by 2025 to become the best they can be through getting employed or by becoming a successful business entrepreneur.