- Title
- Vacancy and unemployment analysis in South Africa
- Creator
- Hamman, Nicolene
- Subject
- Job vacancies -- South Africa
- Subject
- Unemployment -- South Africa Job hunting -- South Africa Labor supply -- South Africa
- Date Issued
- 2019
- Date
- 2019
- Type
- Thesis
- Type
- Masters
- Type
- MCom
- Identifier
- http://hdl.handle.net/10948/39621
- Identifier
- vital:35333
- Description
- Ever since the transition post-1994, the South African economy have been faced with increasing unemployment rates, and an increasing labour force but not sufficient job opportunities to absorb these new entrants. Labour market conditions in South Africa can be considered tight after taking into account the high rates of unemployment and labour force participation. A unique empirical relationship surfaced within the macroeconomics context which had a significant impact on economic thinking. Beveridge (1944) postulated that there is a negative relationship between job vacancies and unemployment, and it is depicted by the Beveridge curve. This study therefore analysed the relationship between vacancies and unemployment in South Africa from 2008 to 2016. An autoregressive distributive lag (ARDL) model was employed to carry out the objectives of this study and the results suggested that there is a positive relationship between these two variables; which imply that the Beveridge curve theory does not apply to labour market of South Africa. This in turn suggests that labour demand and labour supply exists concurrently in this particular market. Thus, it is commendable for policy makers to have an in-depth introspection at the skills-supply, and the policies examining unemployment in South Africa to ensure that the unemployed fill the unfilled vacancies.
- Format
- xi, 57 leaves
- Format
- Publisher
- Nelson Mandela University
- Publisher
- Faculty of Business and Economic Sciences
- Language
- English
- Rights
- Nelson Mandela University
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NMU School for Economics, Development and Tourism
| Thumbnail | File | Description | Size | Format | |||
|---|---|---|---|---|---|---|---|
| View Details Download | SOURCE1 | NICOLENE HAMMAN.pdf | 1012 KB | Adobe Acrobat PDF | View Details Download |