Matric Report 2014
Monday, January 5th, 2015
The current South African labour market shows that skills are rewarded and that further training significantly improves school leavers’ chances of getting a job. This is according to trade union Solidarity which released its latest report on job prospects for matriculants shortly before the announcement of the 2014 matric results.
Solidarity said there is hope for those matriculants who want to pursue studies and advised the 2014 matriculants to obtain qualifications through further study. The trade union stressed that a matric certificate is only the beginning of the preparation for the modern work environment.
Paul Joubert, senior economics researcher at the Solidarity Research Institute (SRI), says matriculants should bear in mind that the high unemployment rate in South Africa is, among other things, due to the fact that only 13% of the adult population have tertiary qualifications.
“South Africa has a major unemployment problem, but at the same time it is experiencing a shortage of well-trained people. Notwithstanding the millions of poorly trained, unemployed people, the labour market has room for millions of well-trained people,” Joubert said.
Joubert says one of the reasons why so many people who have matric certificates are struggling to find jobs, or don’t earn much if they manage to get jobs, is simply that they did not take the right subjects, or that they did not achieve the required results in the right subjects.
“A very small number of matriculants annually achieve good results in key subjects. In 2013, only 14 125 matriculants obtained 70% or more for Accounting; only 19 854 obtained 70% or more for Maths; and only 13 589 obtained 70% or more for Physical Science. This is the group of matriculants who typically do not enter the labour market straight after school in any case but rather further their studies.
Joubert added that people with higher qualifications receive better remuneration. “Data show that, generally, remuneration rises rapidly as experience increases, especially in the case of those with higher qualifications. Those who have just finished their studies should therefore not expect at the outset to earn the same salary in their first job as older people with more experience do,” Joubert said.
Click here to view the Solidarity Research Institute’s Matric Report for 2014.