Graduate Unemployment in the Face of Skill Shortages: A Labour Market Paradox

Working Paper

2006-11

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University of Cape Town


Development Policy Research Unit


University of Cape Town

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Development and Poverty Research Unit Working Paper Development Policy Research Unit Working Paper 06/114

Abstract
There is consensus among analysts that South Africa's unemployment is structural in the sense that the unemployed generally possess lower skills than what is required in the marketplace. In the context of increasing demand for skilled workers due to technical progress and the need to become more competitive globally, graduate unemployment would be expected to fall.
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