Tuesday 7 May, 2013 - 14:22
Statistics South Africa (Stats SA) says that South Africa could do better with a youth wage subsidy than without.
Stats SA statistician general, Pali Lehohla, points out that there is a problem of skills, experience and of getting into the system in the country.
Lehohla is of the view that the youth wage subsidy reduces salaries from those that are working and so on, adding that, “ But I think if one looks at the net end to society, I suspect a with-youth-wage-subsidy-environment is a much better option for South Africa in the long-term than a without-subsidy-environment."
To read the article titled, “Lehohla: Youth wage subsidy may work,” click here.
Source:
Fin24