Unemployment
For years, South Africa has struggled with low economic growth and high unemployment. The official unemployment rate was 33.5% in April-June this year.
During that time, unemployment 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 9 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, white people will occupy 65.9% of senior management positions in the private sector, compared to 13.8% for black people.
According to official figures, about 8% of South Africa's 64 million people are white. Statistics show that the proportion of black people has increased, while the level of employment has decreased 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 for 82.8% in 2022.
Ownership
According to the Broad-Based Black Economic Empowerment Commission, which includes other minorities such as Mixed-race and Asians, the average Black ownership of the Johannesburg Stock Exchange will be close to 30% by 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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