Even as South Africa slowly emerges from the suffocating financial grip of the Covid-19 pandemic, recently released employment statistics continue to make for grim reading, with practically eight million folks unemployed.
South Africa really recorded improved financial activity in the fourth quarter of 2021, together with an expansion in actual GDP of 1.2% in comparability with the earlier quarter, but unemployment still reached record ranges.
Denice Dumisa
According to the Quarterly Labour Force Survey (QLFS), unemployment in Q4 final yr rose to 35.3% from 34.9% within the earlier quarter. This is the best degree since the start of the Quarterly Labour Force Survey in 2008.
Even more alarmingly, the youth unemployment rate stood at a staggering sixty five.5%.
The latest employment data was launched at the finish of March by Statistics South Africa (Stats SA), and got here simply days after South Africa managed to draw R1.2 trillion in funding through the fourth South Africa Investment Conference.
Analysts have described the country’s economic system as “producing jobless growth” and believe that even with upward financial progress in the medium term, South Africa will still have an overall unemployment figure of around 30%.
Youth unemployment is a world problem, much more acutely pronounced in South Africa, where the most recent figures are sounding important alarm bells.
In late 2021, Stats SA reported that two out of every three younger individuals under the age of 35 in South Africa are unemployed. For the age cohort under 25, this rises to a few out of every four, or a jarring 75%.
But in and amongst the dire unemployment statistics there are rays of light on how to start to successfully handle this socio-economic crisis.
Education is key
According to the QLFS report, of the 7,9 million unemployed persons in the fourth quarter of 2021, as many as fifty one,6% had schooling ranges under matric.
This number of unemployed drops the upper the education degree. Those with a Matric pass constitute 38.6% of unemployed and this determine drops considerably for these with different tertiary qualifications (6.9%) and graduates who represent solely 2.4% of South Africa’s formal unemployed.
Astron Energy’s Organisational Capability, Learning and Development Manager Lindiwe Ncongwane said: “It is an usually repeated mantra that training is the key to success, however the labour pressure survey definitely bears this out.
“Education allied to alternative is the golden key to breaking this cycle of unemployment and to create a future for young folks within the nation.”
Astron Energy, which operates South Africa’s second largest network of retail websites together with the Caltex brand, runs a selection of Youth Development Programmes masking each academic assist and office and experiential studying opportunities.
Astron Energy’s Youth Development Programmes embody:
Graduate Internship Programme
According to Ncongwane, South African Corporates have a key function to play in offering opportunities for graduates and people with other qualifications to help cut back the variety of unemployed, and also to help construct a technology of employable younger folks.
“Investments in coaching and abilities development, allied to education qualifications, will help build a workforce that is multi-skilled and able to adapt to a mess of duties and industries,” she stated.
The 2020 Future of Work report by the World Economic Forum (WEF) discovered that 50% of all employees will want reskilling by 2025 as adoption of know-how will increase.
เพรสเชอร์เกจ4นิ้ว listed critical thinking and problem-solving as main skills employers consider might be needed over the subsequent five years, whereas newer tendencies centre on self-management expertise similar to energetic learning, resilience, stress tolerance and suppleness.
According to Ncongwane, a key a half of Astron Energy’s focus is to equip young folks for the world of work, not solely at Astron Energy and the petrochemical industry, but the across a variety of disciplines to allow them to be globally competitive.
The firm also runs a quantity of school-level initiatives in the STEM house, however in line with the 4th Industrial Revolution’s give consideration to the 3Cs of Communication, Critical thinking and Collaboration, has broadened this to STEAM – Science, Technology, Arts and Maths – in a bid to develop problem-solving and process-based learning.
The method forward
“As a rustic, we have to continue investing in the schooling of our younger folks, particularly in the crucial skills area, after which create alternatives for them to apply these expertise and develop in workplace environments,” Ncongwane said.
“As corporates we want to design a variety of programmes and initiatives to meet not solely the wants of the business, but additionally the future of work – and critically the longer term employment possibilities for our younger folks.
“If we do this right, we can start altering the outlook on the employment entrance and be certain that economic progress has a tangible impact on the futures and livelihoods of the generations to come.”
In the Youth Development area, Astron Energy runs the following programmes:
eight X Learnerships in chemical operations on the Astron Energy refinery in Milnerton, Cape Town
20 X Learnerships in Sales and New Venture Creation at Johannesburg offices
The Learnerships run from 1 Oct 2021 – 30 Sep 2022
Astron Energy runs a full Bursary programme which covers each underneath graduate and post graduate studies, from 1st 12 months to Masters Level college students.
The bursaries include tuition charges, accommodation, books, meals, money allowances and vacation work in the form of internship/in-service-training throughout the company’s operations.
The programme started in 2020 and so far over 440 college students have been funded.
There are at present 196 pupil bursars and 15 worker bursars as a part of this programme. A complete of 26 employee children are a half of the bursary programme for 2022.
The bursary covers a spread of research fields this year including:
BSc: Chemical Engineering/ BSc: Industrial Engineering/ BSC: Property Studies/ Masters: Industrial Psychology/ Honours: Financial Accounting/ Bcom: Economics/ BSc: Electrical Engineering/ Bcom/BA: Human Resources Management/ Bcom: Information Technology/ Bcom: Internal Auditing/ Bcom: Logistics/ Occupational Health and Safety/ Bcom: Supply Chain/ BSc: Analytical Chemistry.
Astron Energy additionally provides profitable bursars the chance to be a half of the Astron Energy Graduate Training programme.
Astron Energy offers 24-month Apprenticeships in Electrical and Mechanical Engineering and Instrumentation on the refinery in Cape Town. At present, the corporate has six apprenticeships in its manufacturing division.
Graduate Programme
The Graduate Internship Programme is run based on the varied disciplines required by the enterprise and runs for a interval of between 18-24 months. The present consumption of Graduate interns is set to end on 31 December 2022.
Astron Energy at present has seventy seven participants in its Learnership, Apprenticeship and Graduate Internship programmes:
LogisticsGraduate Internship13
CFOGraduate Internship11
RetailGraduate Internship5
HRGraduate Internship3
C & IGraduate Internship2
CEOGraduate Internship2
ManufacturingGraduate Internship1
STOGraduate Internship3
Strategy Graduate Internship2
SHEQGraduate Internship1
ManufacturingChemical Operations Learnership8

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