Economy must sustain jobs: Busa

By Drum Digital
09 May 2012

The economy's ability to sustain employment must be increased, Business Unity SA (Busa) said on Wednesday after figures showed an increase in unemployment.

"Busa believes that if unemployment in South Africa is to be successfully reduced, back-to-basics education, skills development, inclusive wage-setting and improved state capacity and infrastructure remain top priorities."

On Tuesday, Statistics SA said unemployment had increased for the first quarter of 2012 from 23.9 percent to 25.2 percent.

"This injects renewed urgency into the need to address policy constraints to employment in South Africa, and to encourage all practical measures in both the public and private sectors to enhance South Africa's economic performance in the face of global challenges," Busa said.

The organisation urged all social partners to work together in finalising the youth employment strategy being debated by the National Economic Development and Labour Council.

Busa said it would participate in Parliament when proposed changes to labour laws were tabled, because it believed these would create barriers in the labour market.

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