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Rising unemployment in South Africa : an intertemporal analysis using a Birth Cohort Panel

Thesis (MComm (Economics))--University of Stellenbosch, 2007. / A new political dispensation in 1994 heralded a period of optimism for many ordinary South
Africans, who hoped for freedom and an escape from poverty. Since this transition, however,
South Africa has registered steady increases in unemployment, which was already high and
widespread at that stage. The new policy environment introduced a mix of legislation which
changed the way in which South African society was to be structured: separate development
was abandoned, the pillars of Apartheid dismantled, and equitable access to education and
jobs was enacted. At the same time, the Reconstruction and Development Programme (RDP),
as well as the Growth Employment and Redistribution (GEAR) document addressed, amongst
other issues, socioeconomic and labour market disparities. Economic growth was to bolster
employment generation. Rising unemployment is, in light of these diverse changes, a source
of considerable concern to labour market participants and policymakers alike: the benefits of
better understanding the dynamic forces at play are potentially large. Given the many and farreaching
changes referred to above, it is a complex task to disentangle specific reasons for the
outcomes realised in the labour market, and more so the manner in which these have
interacted to arrive at the status quo...

Identiferoai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:sun/oai:scholar.sun.ac.za:10019.1/3308
Date03 1900
CreatorsVon Fintel, Dieter
ContributorsBurger, R., Van der Berg, S., University of Stellenbosch. Faculty of Economic and Management Sciences. Dept. of Economics.
PublisherStellenbosch : University of Stellenbosch
Source SetsSouth African National ETD Portal
LanguageEnglish
Detected LanguageEnglish
TypeThesis
RightsUniversity of Stellenbosch

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