M.Com. (Economics) / The inability of the formal sector in South Africa to create a sufficient number of employment opportunities for the country's growing economically active population, causes an increase in the size of the informal sector. It is in the informal sector where the unemployed look for earning opportunities in an effort to ensure survival. Three main reasons given for this inability of the formal sector to create a sufficient number of employment opportunities include: high levels of growth in the annual number of new entrants to the labour market; a decrease in the economy's production elasticity of employment; and the high elasticity of substitution between capital and labour ...
| Identifer | oai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:uj/uj:14283 |
| Date | 13 October 2015 |
| Source Sets | South African National ETD Portal |
| Detected Language | English |
| Type | Thesis |
| Rights | University of Johannesburg |
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