Even as South Africa slowly emerges from the suffocating financial grip of the Covid-19 pandemic, recently released employment statistics proceed to make for grim reading, with practically eight million individuals unemployed.
South Africa actually recorded improved economic exercise in the fourth quarter of 2021, together with an growth in real GDP of 1.2% in comparison with the previous quarter, but unemployment nonetheless reached record ranges.
According to the Quarterly Labour Force Survey (QLFS), unemployment in Q4 last 12 months rose to 35.3% from 34.9% within the earlier quarter. This is the highest stage since the start of the Quarterly Labour Force Survey in 2008.
Even more alarmingly, the youth unemployment price stood at a staggering sixty five.5%.
The latest employment information was launched at the finish of March by Statistics South Africa (Stats SA), and came simply days after South Africa managed to attract R1.2 trillion in funding during the fourth South Africa Investment Conference.
Analysts have described the country’s economy as “producing jobless growth” and consider that even with upward economic progress in the medium time period, South Africa will still have an overall unemployment determine of around 30%.
Youth unemployment is a global issue, much more acutely pronounced in South Africa, the place the latest figures are sounding important alarm bells.
In late 2021, Stats SA reported that two out of each three young individuals underneath the age of 35 in South Africa are unemployed. For the age cohort beneath 25, this rises to 3 out of each four, or a jarring 75%.
But in and amongst the dire unemployment statistics there are rays of light on how to start to successfully tackle this socio-economic disaster.
Education is essential
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 education levels under matric.
This variety of unemployed drops the upper the education stage. Those with a Matric pass represent 38.6% of unemployed and this determine drops considerably for those with other 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 stated: “It is an often repeated mantra that education is the important thing to success, however the labour drive survey definitely bears this out.
“Education allied to opportunity is the golden key to breaking this cycle of unemployment and to create a future for young individuals within the country.”
Astron Energy, which operates South Africa’s second largest community of retail sites including the Caltex model, runs a selection of Youth Development Programmes masking each tutorial help and workplace and experiential learning alternatives.
Astron Energy’s Youth Development Programmes include:
Graduate Internship Programme
According to Ncongwane, South African Corporates have a key role to play in offering alternatives for graduates and those with other qualifications to assist scale back the variety of unemployed, and likewise to help construct a generation of employable younger folks.
“Investments in coaching and expertise growth, allied to schooling qualifications, will assist build a workforce that’s multi-skilled and able to adapt to a multitude of tasks and industries,” she stated.
The 2020 Future of Work report by the World Economic Forum (WEF) found that 50% of all workers will want reskilling by 2025 as adoption of technology increases.
The report additionally listed crucial pondering and problem-solving as leading skills employers believe will be needed over the following 5 years, while newer trends centre on self-management abilities such as 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 business, however the across a spread of disciplines to enable them to be globally aggressive.
The company also runs a variety of school-level initiatives in the STEM space, but according to the 4th Industrial Revolution’s give attention to the 3Cs of Communication, Critical pondering and Collaboration, has broadened this to STEAM – Science, Technology, Arts and Maths – in a bid to develop problem-solving and process-based studying.
The method forward
“As a country, we’ve to continue investing within the schooling of our young individuals, significantly in the critical abilities house, and then create opportunities for them to use these expertise and develop in office environments,” Ncongwane mentioned.
“As corporates we have to design a variety of programmes and initiatives to fulfill not only the needs of the business, but in addition the future of work – and critically the future employment possibilities for our younger folks.
“If we do this right, we can start altering the outlook on the employment front and ensure that financial progress has a tangible influence on the futures and livelihoods of the generations to come back.”
In the Youth Development space, 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 under graduate and post graduate research, from 1st 12 months to Masters Level college students.
The bursaries embody tuition fees, accommodation, books, meals, money allowances and trip work in the type of internship/in-service-training throughout the company’s operations.
The programme began in 2020 and to date over 440 college students have been funded.
There are presently 196 student bursars and 15 employee bursars as a half of this programme. A complete of 26 employee kids are part of the bursary programme for 2022.
The bursary covers a variety of research fields this 12 months together with:
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 also provides profitable bursars the chance to be a half of the Astron Energy Graduate Training programme.
Astron Energy presents 24-month Apprenticeships in Electrical and Mechanical Engineering and Instrumentation at the refinery in Cape Town. At เกจวัดไนโตรเจนราคา , the corporate has six apprenticeships in its manufacturing division.
The Graduate Internship Programme is run based on the varied disciplines required by the business and runs for a period of between 18-24 months. The present consumption of Graduate interns is set to finish on 31 December 2022.
Astron Energy at present has 77 participants in its Learnership, Apprenticeship and Graduate Internship programmes:
C & IGraduate Internship2
Strategy Graduate Internship2
ManufacturingChemical Operations Learnership8