Mature vs Young Workers

The unemployment rate in South Africa for those aged 25-34 is double that of the 45-54 year olds. Unemployment for 25-34 year-olds is 33% versus 15% for 45-54 year-olds. (http://bit.ly/2vpGvqN)

5 responses to “Mature vs Young Workers

  1. Angus Mackenzie

    11 months Ago

    I am pretty sure that is the narrow definition of unemployment. In South Africa we should use the expanded rate as this includes those who have given up looking for work. That the amount of people who have given up is so high, is further evidence as to how bad the SA economy is.

    1. Andrew Fulton

      11 months Ago

      Hi Angus

      Yes this is the official (narrow) definition.
      The expanded rates are 41% and 21%, for age groups 25-34 and 45-54 respectively.

      Kindest regards

  2. Lesego Serobatse

    11 months Ago

    What does this mean?
    Are the older generation more skilled than the young ones?
    What about all the new jobs and careers that are emerging now that did not exist a few years ago?
    It would be interesting to see this split by race.
    I suspect most f this unemployed 15% are not caucasian.

    1. Andrew Fulton

      11 months Ago

      Hi Lesego

      21.2% of individuals aged between 25 and 34 with “other tertiary education” are unemployed. This contrasts with 9.3% of individuals aged between 45 and 54 with “other tertiary education”. A similar discrepancy is noted among graduates in the two age bands. This indicates that regardless of skill, the younger generations suffer more from unemployment.
      Furthermore, growth in the working age population has outpaced job creation.

      If you would like to see more, have a look at the Quarterly Labour Force Survey Q4:2018 on our data portal

      Kindest regards

  3. Lesego

    11 months Ago

    What does this mean?
    Are the older generation more skilled than the young ones?
    What about all the new jobs and careers that are emerging now that did not exist a few years ago?
    It would be interesting to see this split by race.
    I suspect most f this unemployed 15% are not caucasian.

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