youth wage subsidy an ongoing debate

Jeffreys Bay News

Violence flared up in Johannesburg this week as DA and Cosatu supporters clashed over the Youth Wage Subsidy. How will the Youth Wage Subsidy work and why is Cosatu opposed to it?

■Treasury estimates that the youth wage subsidy will help create 423 000 jobs for young South Africans.
■The DA has been calling for the implementation of the Youth Wage Subsidy for ten years.
■Both President Zuma and Finance Minister Gordhan have stated support for the youth wage subsidy in the State of the Nation Address and Budget Speech in 2010.
■Since then, it has been stalled in NEDLAC by COSATU. Business, government and FEDUSA (SA’s second largest union federation) are for the youth wage subsidy, COSATU is the only roadblock to its implementation.
■It will only cost government R5 billion over three years to implement the youth wage subsidy. The auditor general has found that government loses R30…

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