Different leaders in the business world have expressed their views on how digital skills are essential for job creation in a continuously evolving landscape. These sentiments were shared at the Trialogue Business in Society Conference 2024.
According to Statistics South Africa (StatsSA), the national unemployment rate currently stands at 32.9% and youth unemployment at 45.5%.
South Africa, like many countries globally, grapples with the challenge of youth unemployment. This is supported by statistics indicating a 45,5% unemployment rate among young individuals (aged 15-34 years), notes Stats SA in the latest unemployment figures released in May this year.
Various business-minded people were under one roof, sharing how South African youth can be shaped to be ready for the evolving workplace.
A need for business collaboration to grow skillsCorporate social responsibility executive at Telkom, Judy Vilakazi says it remains a concern that South Africans aged 15 to 34 are the most vulnerable in the labour markets. Disruptive shifts that include globalisation, demographic changes and the advent of artificial intelligence are transforming our socioeconomic system and impacting jobs, she says.
