By Amy Musgrave —
There are renewed calls for the controversial youth wage subsidy to be scrapped following the release of a study revealing that the legislation has had no significant effect on the country’s soaring youth unemployment rates. The Young Communist League (YCL) said on Thursday that the findings supported its belief that the subsidy would not work in South Africa because many did not have the basic levels of education or skills. The subsidy, also known as the Employment Tax Incentive Act (ETI), was introduced a year ago to address youth unemployment. While it had support from some quarters in the ANC and DA, many warned that it would create a two-tier labour market system and result in older workers being displaced.
Read full story here
