Unemployment
South Africa has struggled for years with low economic growth and high unemployment. The official unemployment rate was 33.5% in April-June this year.
During that time, the unemployment rate was 37.6% for black South Africans and 7.9% for white South Africans, according to the statistics agency. For mixed-race South Africans, the rate was 23.3%.
Statistics South Africa says the black unemployment rate has been consistently higher than the national average over the past decade and has increased by more than nine percentage points since 2014.
Black youths stand on the side of the road looking for temporary jobs in Johannesburg, South Africa on September 19. Photo: Reuters
Management position
According to the South African Employment Equity Commission, in 2022, whites will hold 65.9% of senior management positions in the private sector, compared to 13.8% for blacks.
According to official figures, about 8% of South Africa's 64 million people are white. Statistics show that the proportion of black people is increasing, while the level of employment is decreasing from senior, professional, skilled, semi-skilled and unskilled.
At the unskilled labor level, whites will account for 0.9% of private sector employment and blacks will account for 82.8% in 2022.
Ownership
According to the Broad-Based Black Economic Empowerment Commission, which includes other minorities such as mixed-race and Asian people, the average black ownership on the Johannesburg Stock Exchange will be nearly 30% in 2022.
However, the report is based on a small sample of companies that submitted their information. One economist has calculated that actual black ownership of listed companies is only about 1%.
In its latest report, the Commission said the proportion of black board members at listed companies in 2022 was around 47%, showing potential for progress.
Ngoc Anh (according to Reuters)
Source: https://www.congluan.vn/nhung-con-so-cho-thay-nan-phan-biet-chung-toc-van-con-dai-dang-o-nam-phi-post313545.html
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