Types of Unemployment, Labour Relations, Trade Unions in South Africa and Other Concepts

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1.1) Unemployment- it occurs when a person who is actively seeking and searching for employment but is unable to find work.

Types of unemployed are frictional unemployment, structural unemployment, and cyclical unemployment

1.2.1) BRICS-Brazil, Russia, India, China, South Africa .This countries represent the 5 declaration of countries.

1.2.2) the purpose of BRICS is to let countries interact with each other. The involvement of globalisation among countries is important. South Africa produces mineral which contribute a lot to the BRICS resources. They must engage functionally on their variable approaches to economic development, in detail the balance accorded to markets set against the state.

1.3) The unemployment rate rose to 25.6% in the second quarter, from 25.2% in the previous quarter, with the number of unemployed people increasing by 122 000 in 2013. Compared with the rest of Africa, South Africa has similar rates for HIV/AIDs but lower rates for other transmittable, maternal and nutritional conditions. It has higher burdens due to cardiovascular diseases, respiratory diseases and diabetes mellitus than the rest of Africa.

1.4) the measures implemented by South Africa was that the government would look at recruiting a large numbers of skilled migrants. Du Plessis and Smit (2006) recognized the most of the positive economic growth to improvements in total factor productivity. The international trade between countries led to improvement in productivity. In 2000 the South Africa Reserve Bank (SARB) introduced inflation targeting as their primary policy goal to stabilise the internal value of the South African currency. A Monetary Policy Committee (MPC) was established to control the inflation rate. Two imbalances that n...

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... support in factories and towns across the country

National education and allied workers union organizes State, Health, Education and Welfare workers

South African communist party played a dynamic role in the development of the liberation movement in South Africa and had an influence

Bibliography

Monday, July 9, 2007 .Synopsis of John Dunlop’s Industrial Relations Systems

The human science research council. South Africa:HSRC

The Shopsteward. `The draft labour relations bill: Cosatu’s Stand on LRA”, April/May, pp 14-20, 1995

Draper, Peter and Andreas Freytag (2008).`South Africa’s current account deflict: Are proposed cures worse than the disease? “Trade policy report no.25, South African institute of international affairs

Griswold, Daniel T. (2001), `America’s record trade deficit. A symbol of economic strength”, trade policy analysis no.12, Cato institute

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