As a part of their 2011 Budget Speech & State of the Nation Adress, the ANC has claimed that they are going to create 5 Million jobs to help fight the High Unemployment Level in South Africa. However, what they don't realise is that the 5 Million jobs in 2020 will be a ludicrously small drop in the bucket! Already, many people are saying that the Real South African Unemployment Level is the highest in the world behind Zimbabwe! A fact that will only be revealed in October-November 2011 when the National Census is carried out.
The travesty of the Unemployment in South Africa is that it is a ticking timebomb in that we already have a lot of Civil Unrest and Service Delivery Protests in the South African cities and townships. Which could multiply exponentially into complete anarchy...
The ludicrousness of the 5 Million Jobs Claim is that there are 400,000 matriculants graduating each year and that over 9 years it will equate to 3,6 illion Newly Unemployed people, which effectively means that there will only be 1,4 illion new jobs in a country suffering from over 25% Unemployment. 25% of 48 million is roughly 12 million and 1,4 million new jobs will only drop the figure to 10,6 million! That is a matter of 1 or 2 percent at the most!
The ANC need to create at least 15 to 20 million new jobs in the next 9 years to actually make a dent in the Real Unemployment Ratio that is going to be exposed with the 2011 National Census... Not 5 million!
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