South Africa, like many developing countries is experiencing high unemployment rates. The official unemployment rate is at 25.5% in the second quarter of 2014 which is 5 154 000 unemployed people. The 2nd Quarterly Labour Force Survey (QLFS, 2014) results reflect an increase of 87 000 unemployed persons from the first quarter. These results further show that out of the 8.3 million unemployed, 4.4 million is the youth between the ages of 15-34. The 0, 1 decrease in labour absorption rate to 42,7% did not impact much on the number of long term unemployed rate which remained almost unchanged at 66%. This, without doubt remains the biggest obstacle to income and social development in our country.
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