Transcription of DISCUSSION PAPER FOR PUBLIC COMMENT
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DISCUSSION PAPER FOR PUBLIC COMMENT
DISCUSSION PAPER FOR PUBLIC COMMENT National Treasury Confronting youth unemployment: policy options for South Africa DISCUSSION PAPER National Treasury February 2011 2 Contents Executive Summary 4 1. Introduction 7 2. Higher employment for greater inclusion 9 3. An i ntroduction to youth unemployment in South Africa 11 4. Confronting youth unemployment: policy options 16 Growth 16 Education 16 Labour market policy 17 Training programmes 18 Direct PUBLIC sector employment 20 Employment services for job search and job matching and sanctions 20 Employment incentives and subsidies 21 Entrepreneurial schemes 22 Comprehensive approach 23 Spending on active labour market policies 23 5.
Fig. 6: Unemployment rates and ranking for how well pay reflects productivity in emerging economies 14 Fig. 7: Employment growth and the employment elasticity of growth, 2004‐08 16. Fig. 8: Public spending on active labour market policies in OECD countries (% of GDP), 2007 24
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