South Africa: Young, educated and unemployed

Unemployment among young South Africans is hovering at 30 percent, shooting up to over 60 percent for youths in their late teens and early twenties. But tertiary education and skills development seem not to be making much of a dent in what is now regarded as a crisis. According to a 2008 report by the Centre for Development and Enterprise, a conservative think tank that researches the effect of poverty and unemployment on South Africa's economic growth rate, 65 percent of the four million youths between 15 and 24 that were available for a job in 2005, were unemployed.