{"id":13255,"date":"2012-05-22T14:52:07","date_gmt":"2012-05-22T12:52:07","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=13255"},"modified":"2012-05-22T16:08:24","modified_gmt":"2012-05-22T14:08:24","slug":"busa-supports-youth-wage-subsidy","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/government\/13255\/busa-supports-youth-wage-subsidy\/","title":{"rendered":"BUSA supports youth wage subsidy"},"content":{"rendered":"<p><a title=\"Business Unity SA (Busa)\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/2033-BUSA-Business-Unity-South-Africa\">Business Unity SA (Busa)<\/a> urged the government on Tuesday (22 May 2012) to introduce a youth wage subsidy as soon as possible.<\/p>\n<p>&#8220;The funds made available by the National Treasury nearly two years ago for a youth wage subsidy should now be constructively deployed to help mitigate youth unemployment,&#8221; Busa said in a statement.<\/p>\n<p>A youth wage subsidy offered more advantages for youth employment than other short-term job creation initiatives. It had the potential to create over 400,000 jobs, Busa said.<\/p>\n<p>In addition, small and medium-sized businesses, which had the greatest potential for employment creation, would be able to use the facility.<\/p>\n<p>Concerns about potential abuse of the scheme could be addressed with appropriate safeguards, it said.<\/p>\n<p>&#8220;A well-crafted scheme of this kind can make a significant contribution towards reducing youth unemployment in South Africa, especially at a time of relatively low economic growth and rising unemployment,&#8221; said Busa.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Business Unity SA (Busa) urged the government on Tuesday to introduce a youth wage subsidy as soon as possible.<\/p>\n","protected":false},"author":4,"featured_media":8494,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[25,80,10333,2897],"class_list":["post-13255","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-government","tag-active","tag-busa","tag-government","tag-youth-wage-subsidy"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/13255","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=13255"}],"version-history":[{"count":4,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/13255\/revisions"}],"predecessor-version":[{"id":13269,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/13255\/revisions\/13269"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/8494"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=13255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=13255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=13255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}