Youth Unemployment is Solvable
Solvable
Pushkin Industries
4.4 • 602 Ratings
🗓️ 27 November 2019
⏱️ 30 minutes
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Summary
Anne Applebaum talks with Nicola Galombik about increasing access to future work for young people in South Africa.
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Transcript
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| 0:00.0 | This is an IHeart podcast. |
| 0:13.3 | I'm Maeve Higgins and this is Salvable. |
| 0:16.0 | Interviews with the world's most innovative thinkers working to solve the world's biggest problems. |
| 0:20.8 | I'm Nicola Golombeck. I'm the founder and chairman of world's most innovative thinkers working to solve the world's biggest problems. |
| 0:27.0 | I'm Nicola Golombeck. I'm the founder and chairman of the Harambi Youth Employment Accelerator. |
| 0:32.7 | So my solvable is to reduce significantly youth unemployment in the South African economy and increase young people's access to future work, |
| 0:38.2 | which is going to be globally and locally sustainable. |
| 0:42.4 | South Africa has one of the highest youth unemployment rates in the world. |
| 0:47.1 | Nicola's organisation, the Harambi Youth Employment Accelerator, |
| 0:51.9 | says that about 40% of this generation of 18 to 34 year olds are expected |
| 0:57.9 | to never secure stable work. Imagine what that does to an individual and then imagine that it's |
| 1:04.6 | happening to 40% of young people in your country. The impact is enormous, not only on the individual's well-being |
| 1:13.2 | and health, but imagine the loss of potential, missing out on the skills and energy of these |
| 1:19.2 | people who really should be shaping the country's future. In South Africa, that lack of opportunity |
| 1:25.5 | is still skewed by the legacy of apartheid and now |
| 1:29.6 | alongside rapid globalization, which has left many young people geographically removed |
| 1:35.2 | from job opportunities. |
| 1:37.5 | You see, under apartheid, non-whites were forcibly moved to areas far from city centers, |
| 1:43.7 | and that inequality endures today in the time and |
| 1:46.6 | money people have to spend travelling even to find work. A 2016 study found that young unemployed |
| 1:53.8 | people spend $560,000, that's around $38 per month, searching for work, and that's more than the average per person |
| 2:03.5 | income of their households. Our guest today, Nicola Golambic, is tackling the issue head on. |
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