{"id":54433,"date":"2014-03-17T14:35:25","date_gmt":"2014-03-17T12:35:25","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=54433"},"modified":"2014-03-17T14:35:25","modified_gmt":"2014-03-17T12:35:25","slug":"sa-youth-unemployment-shock","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/trending\/54433\/sa-youth-unemployment-shock\/","title":{"rendered":"SA youth unemployment shock"},"content":{"rendered":"<p>Youth unemployment in South Africa is the third highest in the world, the National Union of Metalworkers of SA (Numsa) said on Monday.<\/p>\n<p>&#8220;About 71% of all unemployed people in South Africa are between the ages of 15 to 29. Most of the them are women, the majority of which have never had a job in their lives,&#8221; Numsa general secretary, Irvin Jim said.<\/p>\n<p>He said South Africa ranked third after Greece and Spain.<\/p>\n<p>&#8220;Half of the people between 15-29 are unemployed in this country.&#8221;<\/p>\n<p>The union would stage a protest march in seven cities on Wednesday to highlight youth unemployment and demand solutions.<\/p>\n<p>The union wanted the Employment Tax Incentive Act repealed and scrapped.<\/p>\n<p>Jim said the act stated that no incentive would be paid in respect of employees earning more than R6,000 a month.<\/p>\n<p>&#8220;The bulk of the qualifying employees in term of the act pay no tax as the current tax threshold is R67,111.<\/p>\n<p>&#8220;This means that an employer can withhold the subsidy he is entitled to from the general tax deduction,&#8221; he said.<\/p>\n<p>&#8220;We are opposed to the schemes where the working class is forced to subsidise capitalists.&#8221;<br \/>\nHe said the youth subsidy was an &#8220;attack&#8221; on workers.<\/p>\n<p>&#8220;We are fighting back the onslaught of the ANC government against the workers.&#8221;<\/p>\n<p>Government was able to create jobs instead of delivering youth to the door of employers to be exploited.<\/p>\n<p>Numsa&#8217;s protest would be joined by various civil organisations.<\/p>\n<p>The union expected 500,000 people to march in Johannesburg (Gauteng), KwaZulu-Natal, the Western Cape, Eastern Cape, Northern Cape, and Mpumalanga.<\/p>\n<h3 class=\"my-4\">More on unemployment<\/h3>\n<p><a title=\"SA unemployment picture improves\" href=\"http:\/\/businesstech.co.za\/news\/general\/52983\/sa-unemployment-picture-improves\/\"><strong>SA unemployment picture improves<\/strong><\/a><\/p>\n<p><a title=\"Unemployment not the problem in SA \u2013 employment is\" href=\"http:\/\/businesstech.co.za\/news\/general\/54258\/stop-trying-to-create-jobs-economist\/\"><strong>Unemployment not the problem in SA \u2013 employment is<\/strong><\/a><\/p>\n<p><a title=\"ANC\u2019s employment rhetoric \u2013 a timeline\" href=\"http:\/\/businesstech.co.za\/news\/government\/51660\/ancs-employment-rhetoric-a-timeline\/\"><strong>ANC\u2019s employment rhetoric \u2013 a timeline<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Youth unemployment in South Africa is the third highest in the world, the National Union of Metalworkers of SA (Numsa) said on Monday.<\/p>\n","protected":false},"author":4,"featured_media":35157,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[26,5687],"class_list":["post-54433","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trending","tag-headline","tag-numsa"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/54433","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=54433"}],"version-history":[{"count":3,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/54433\/revisions"}],"predecessor-version":[{"id":54436,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/54433\/revisions\/54436"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/35157"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=54433"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=54433"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=54433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}