“Youth unemployment is not only a personal tragedy but also a waste of human capital essential for economic growth and social development,” Juan Somvia wrote.
Our nation has emerged as a model for this crisis. The International Economic Outlook report places us at the top of the list due to our staggering 35.6% unemployment rate.
The decline in economic participation has devastating effects on citizens, particularly young people, despite efforts by the government to mitigate its effects. The Public Youth Improvement Organization’s (NYDA) Coordinated Youth Advancement system report (IYDS) Coordinated Youth Improvement Procedure Report (IYDS) (2021) features that this primary strain has made financial disparity, which excessively influences burdened youth, making it harder for them to partake in the labor force and accomplish long haul social security.
Beyond financial difficulties, youth unemployment results in consequences. Employment, as Jahoda (1982) argued, also serves important psychological functions like giving people a sense of purpose, structure, and social identity. As a result, it is critical to take into account the ways in which this crisis affects young people’s overall well-being, particularly those who are most susceptible to its effects.
When they don’t have a job or a source of income, young people are at a significant risk of extreme poverty, homelessness, and insecurity regarding their food supply. The IYDS report states that 63% of young people do not have a source of income, and many of them rely on grants for childcare to support themselves.
As a result, this reliance on social grants gives relief for a while, but. eventually maintains their reliance on the state. This dependence is obvious in the high extent of youth, explicitly people matured 15 to 34 years, who comprise 60% of candidates for the R350 Social Alleviation from Trouble (SRD) award, as detailed by the South African Social Administrations Organization (Sassa).
Numerous young people have spoken about their feelings of hopelessness, low self-worth, and drowning. a sense that no one can assist. According to Jahoda (2012), this phenomenon is characterized by a lack of collective purpose experienced by workforce members.
Individuals can channel their aspirations, ambitions, and drive toward endeavors that transcend their own self-interest through this collective purpose. Sadly, young people’s lives become voids when they are denied this opportunity.
They are left wrestling with purposelessness, feeling unfastened without a make heading or significant way to follow. They experience feelings of hopelessness, diminished self-worth, and disillusionment as a result of this lack of purpose. We can see that the scramble for food, haven, and personality has prompted a cry of urgency. South African youth are in turmoil as a result.
As a consequence of this, they frequently find themselves ensnared in precarious circumstances, which makes it more likely that they will resort to unconventional and illegal means of surviving. Pastor of Bheki Cele said, ”High paces of joblessness and neediness levels, the expanding of casual settlements with practically zero administrations and other financial ills breed culpability.”
Anxiety, depression, or substance use disorders affect one in six South Africans, according to a study by the South African College for Applied Psychology. These numbers are rising day to day, and besides the fact that youngsters feeling are caught, yet the condition of psycho-social mediations and backing in the nation is badly joined in and underfunded.
Numerous economists have documented the consequences of productivity loss and the ripple effects of unemployment. The government’s cash injections can be seen at the macro level. Even though the NYDA collaborates with the Youth Employment Service (YES) and many other interventions, our circumstances remain dire and urgent.
Considering this, an interconnected methodology is required. First and foremost, the state must disclose the extent of the crisis. This ought to be finished through a public statement that specifies two things. The process of creating jobs is time-consuming and complicated. Second, an all-hands-on-deck strategy involving stakeholders from the private, public, and, most importantly, youth sectors is required.
This strategy reduces the burden of sacrosanct interventions in fiscal and policy adjustments while also requiring collaboration from various economic sectors.
In addition, it acknowledges the significance of youth participation. It enables the incorporation of their individual viewpoints, innovative concepts, and real-world experiences into strategies and solutions. By effectively including youthful people, we engage them to take responsibility for future, cultivating a feeling of organization and obligation.
In essence, unemployment has far-reaching consequences for young people. A large number of these outcomes are persevered through quietly as the emergency weighs vigorously on their shoulders. The fact that inequality is at the heart of this crisis cannot be denied.
However, within that knowledge is the chance to make meaningful, small changes to improve the lives of many vulnerable people. Who knows if these actions won’t have a significant and beneficial ripple effect? We can weave a support web together with a collective mindset to ensure that no young person is left behind.