Thulas Nxesi took to Twitter to circulate his statement on the Quarterly Labour Survey, in which he admitted that youth employment was amongst those hardest hit by the lockdown.
Minister of Employment and Labour, Thulas Nxesi remarked on the Quarterly Labour Survey in a tweet shared on Tuesday, 17 November 2020. The outlook provided by the survey painted a bleak picture of the economic activity at the height of the lockdown, with the youth being amongst the hardest hit.
Nxesi revealed that there was a “real gross domestic product (GDP) contraction of 51%; a 47.9% contraction of manufacturing industry output; a 67.6 % drop in trade industry activity; a 76.6% decrease in building of both residential and non-residential buildings, and the halt of construction works.”
However, the minister did provide a silver lining by expressing confidence in that the interventions put forward by the state will help in addressing the situations. One specific initiative created for the youth is the Presidential Employment Stimulus. The initiative has already started being rolled out and has been focusing on education and the creative arts.
See the post below.
[Read] While the latest Quarterly Labour Force Survey paints a dire picture with regards to the unemployment crisis in the country, @deptoflabour Minister Thulas Nxesi believes that the basket of interventions will eventually lead to an improved situation https://t.co/XvQy1Nwgmb pic.twitter.com/gWREKPXvcK
— @SAgovnews (@SAgovnews) November 17, 2020