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"Adcorp's Employment Index" (AEI) has reached the Office of the Presidency of South Africa. Speaking at the Wits Business School, Deputy President Kgalema Motlanthle reportedly claimed that labour productivity in SA has "declined by 41.2% since 1993" (polity.org.za,...
Youth labour more attractive, but in abundant supply The campaign for a youth wage subsidy fits well with the “common sense” truth in the business press that ordinary wages are too high and unions are too strong. The youth wage subsidy is just “an entry point to a...
Cosatu general secretary Zwelinzima Vavi responds to an opinion piece in Friday’s Business Day by Adcorp’s Loane Sharp that ‘SA trade unions are the biggest obstacle to job creation’. He calls it “hogwash” that would not have shocked Joseph Goebbels, “whom Mr Sharp...
Lies. damned lies and statistics. It’s a cliché that has been used several times in this column over the years. I have used it because statistical data, especially about employment and the cost of living, can influence attitudes, opinions and policy decisions. As...
Press statement from AIDC, 14 September 2011 Arguing for cutting workers' wages, Adcorp and Centre for Development and Enterprise (CDE) mislead media and the public. The Centre for Development and Enterprise (CDE) and the labour broker Adcorp continue to argue for...
Last week, the Reserve Bank (SARB) issued its latest Quarterly Bulletin. It covers economic development in South Africa up to June 2011 and economic prospects for the coming period, as the SARB views it. As usual, the bank also discussed developments in labour...
Two replies to Loane Sharp by Dick Forslund and Simon Eppel, originally published in Business Report, December 19, 2012: The South African Reserve Bank (SARB) reported in its latest Quarterly Bulletin that labour productivity is going up, as it has since 1994. The...
Originally in Business Day, 2012-03-05 Adcorp’s method of measuring employment "generates such massive employment levels that it does away with SA’s unemployment problem in one fell swoop, lowering the unemployment rate to around 5%", write Dr Kerr and Prof Wittenberg...