Sep 04, 2012
R75m research project aims to improve visibility of labour-market trendsBack
Africa|Education|PROJECT|System|Systems|Training|Africa|South Africa|Information System|Systems|University Of Cape Town|Blade Nzimande|Olive Shisana
© Reuse this
The initiative has been commissioned by the Department of Higher Education and is being funded through the National Skills Fund. The Human Sciences Research Council (HSRC) is leading the research in collaboration with the Education Policy Unit at the University of the Witwatersrand and the Development Policy Research Unit at the University of Cape Town.
Higher Education Minister Dr Blade Nzimande says the aim is to develop a reliable information system that sheds light on the country’s skills needs, as well as labour market supply and demand patterns – information that will be used to inform human-resource development planning in the public and private sectors.
“For too long, the tools that we have used to prioritise skills in this country have been based on a limited understanding and analysis of the character, structure and shifts in the economy and the labour market,” Nzimande argues.
He, therefore, wants the new Labour Market Intelligence System (LMIS) to offer analysis that is more responsive to contemporary needs and trends, while offering insight into the changes that are likely to emerge over a 10 to 15 year horizon.
Such analysis and intelligence would facilitate alignment of South Africa’s education and training system with the economic priorities outlined in the New Growth Path and the National Development Plan 2030.
The LMIS outcomes, which are likely to be published in phases over the three-year period, will also help government in crafting incentives to support “optimal skills absorption” and job creation.
“Skilling our labour force will play a role in fighting unemployment, both directly by providing skills to a skills-hungry economy, but also indirectly by providing a stimulus to economic growth and development of new and existing industries and economic sectors,” Nzimande argues.
HSRC CEO Dr Olive Shisana describes the partnership as the largest investment in skills-related research globally, demonstrating government’s commitment to evidence-based policymaking.
The project has been broken into six research themes:
Shisana argues that a more accurate labour-market analysis will help government, as well as individuals, make better-informed and more appropriate educational plans and investments.
Edited by: Creamer Media Reporter© Reuse this Comment Guidelines (150 word limit)
Other Economy News
Updated 4 hours ago South Africa’s State-owned railways utility Transnet Freight Rail (TFR) says it remains confident of concluding take-or-pay contracts with 36 coal-line customers before the end of its financial year, which concludes on March 31. Spokesperson Sandile Simelane tells...
Updated 3 hours ago TSX-listed Oando Energy Resources (OER) announced a $238-million prepayment of certain loan facilities, which it used for the $1.5-billion acquisition of the ConocoPhillips Nigerian Oil & Gas Business in July 2014. The company, which is focused on oil and gas...
Updated 3 hours ago More than half CEOs surveyed as part of the latest Merchantec CEO Confidence Index, said load-shedding was negatively impacting businesses, as it lowered productivity and raised costs. The index, released on Wednesday, showed that 76.2% of CEOs felt that...
Updated 3 hours ago JSE-listed real estate investment trust (Reit) Growthpoint Properties recorded distribution growth of 7.5% to 84.4c a share in the six months ended December 31.
Recent Research Reports
Construction 2015: A review of South Africa’s construction sector (PDF Report)
Creamer Media’s Construction 2015 Report examines South Africa’s construction industry over the past 12 months. The report provides insight into the business environment; the key participants in the sector; local construction demand; geographic diversification;...
Liquid Fuels 2014 - A review of South Africa's Liquid Fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2014 Report examines these issues, focusing on the business environment, oil and gas exploration, the country’s feedstock supplies, the development of South Africa’s biofuels industry, fuel pricing, competition in the sector, the...
Water 2014: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2014 report considers the aforementioned issues, not only in the South African context, but also in the African and global context, and examines the issues of water and sanitation, water quality and the demand for water, among others.
Defence 2014: A review of South Africa's defence industry (PDF Report)
Creamer Media’s Defence 2014 report examines South Africa’s defence industry, with particular focus on the key participants in the sector, the innovations that have come out of the sector, local and export demand, South Africa’s controversial multibillion-rand...
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move road...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
This Week's Magazine
Eqstra Holdings was going to reduce its exposure to contract mining, but it was not yet ready to sell the troubled business, said CEO Walter Hill on Tuesday. He said Eqstra would not sell its contract mining business in a “depressed market”. He said it would be...
Subscribe to Engineering News and Mining Weekly for two years, but only pay for the first year. The weekly editions of Engineering News and Mining Weekly will be posted to your preferred postal address and also gain access to:
National flag carrier South African Airways (SAA) is in an advanced stage of renegotiating its deal with European airliner manufacturer Airbus to acquire A320 single-aisle (or narrow body) aircraft. The aim is to replace ten of the aircraft still on order with five...
Worldwide, the main thrust in the ports industry over the past decade or more has been to increase efficiency. Traditionally, ports have been run by engineers and mariners and, in the past, increasing a port’s capacity was achieved by expanding the harbour. “That has...
What do you do when an elephant has a toothache? You call Dr Gerhard Steenkamp from the University of Pretoria’s (UP’s) faculty of veterinary science, Onderstepoort, one of only two elephant ‘dentists’ in the world.