Saturday, November 11, 2006

Skills development and employment creation

Is Skills development the epicentre of employment creation and poverty reduction in South Africa?
November 2006
It is particularly relieving that government and various if not all sectors of South African society have acknowledged the conspicuous reality that the country’s economic growth and fiscal stability over the past 12 years has been largely jobless, and somewhat failed to systemically address the massive poverty challenge. The United Nations Human Development Programme (UNDP), recently observed that “at least between the years 1995 – 2000, for which there is adequate data—economic growth was associated with declining incomes across households at all income levels, but with the sharpest income declines occurring among the least well off”.

FLOYD'S PERSPECTIVES

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