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Demographic, employment, and wage trends in South Africa

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This paper looks to uncover the growth traps and opportunities for the South African economy, with a focus on underlying labour market dynamics. We explore the potential of South Africa’s demographic dividend. We also consider the structure of the labour market and the growth-employment interactions, which uncover the skills-biased labour demand path of the economy and a rising trend in the use of labour brokers to source temporary workers. Finally, we show a new labour market trend has emerged: a rise in the share of public sector employment along with higher conditional returns to public sector workers than to those in the private sector.
Africa, African Futures, African Big Five, Demography in South Africa, Demographic Dividend, Demographic Change, Labour Market, Jobs and Skills
Country of publication: 
South Africa
Publication date: 
Sunday, June 26, 2016
Number of pages: