Matriculants: To undergo further training or to look for a job
Almost one in three young South Africans are not employed and are not busy with training. Today, shortly before the release of the matric results of 2013, the trade union Solidarity advises young people to get further training or to find employment. According to a report by the Solidarity Research Institute (SRI) on job prospects for matriculants, the South African labour market is still unkind to young people, even if they do have a matric certificate.
Paul Joubert, senior economic researcher at the SRI who compiled the report, said young people should not labour under the misconception that they will find a well-paying job immediately after completing school. ‘Of course, this is not meant to discourage young people from job hunting for whatever jobs are available, as any work experience increases a person's chances of finding a better job in future. However, the best option remains to further one's education.'
Joubert said the reason why so many people with matric certificates are struggling to find employment, or earn very little when they do find employment, is simply because they did not take the right subjects or did not achieve good results in these subjects. ‘Annually, a very small number of matriculants achieve good results in key subjects. In 2012, only 21 149 matriculants achieved 60% or higher in Accounting, only 30 355 achieved 60% or higher in Mathematics and only 25 640 achieved 60% or higher in Physical Science.
According to the report, only 50% of people with a matric certificate as highest qualification are employed. ‘It is only a slight improvement on the 30% of people with no training who are employed. In contrast, about 80% of people with some or other tertiary qualification are employed. Therefore, a matric certificate does improve a person's chances of having a job, but a tertiary qualification improves a person's chances of having a job significantly.'
Joubert says tertiary education also increases someone's earning potential since a person with more knowledge and the ability to apply that knowledge can add more value. ‘Human society is built on knowledge - it is the source of progress and improved living conditions. People with the knowledge to make a further contribution to this improvement will always be compensated. The high unemployment rate in South Africa is not surprising in the context of a modern knowledge economy, for not even 13% of the adult population have tertiary qualifications.'