NATIONAL NEWS - Statistics South Africa’s latest Quarterly Employment Survey shows that over the past year, the formal sector has lost 229 000 jobs - 19 000 jobs every month or 630 jobs every single day.
DA Member of Parliament, Michael Bagraim, says of these losses 55 000 were full-time and 174 000 part-time.
"These numbers tell their own story."
"Employers are avoiding full-time hires because labour laws make it too risky and too inflexible. Instead of freeing up the labour market, the ANC keeps clamping it down with red tape and punitive regulation," Bagraim says.
Community services lost 53 000 jobs, trade 10 000, manufacturing 9 000 and construction 7 000. He says even small gains in mining and electricity cannot paper over the collapse in other sectors.
Bagraim believes the six-point plan tabled by the DA will turbocharge growth and open the doors to work.
He says central to this plan is fixing labour laws so that hiring becomes easier, not harder; scrapping race-based legislation like BEE and the Employment Equity Act which strangle small businesses; and replacing them with a system that empowers people on the basis of need and merit.
He says only real reform can end the jobs bloodbath.
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