Thursday, April 25, 2024

Employed But Still Poor: The State Of Low-Wage Working Poverty

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ByDerek Yu

Paid employment is generally considered the predominant and most sustainable way of pulling people out of poverty. But the past two decades have seen a global rise in the complex phenomenon of the working poor. South Africa is no exception.

This delink between paid employment and poverty reduction is a major challenge for the government. It means that attention must be given to two things: rapid job creation, and also the creation of decent jobs.

While one may think that being employed suggests the person is immediately pulled out of poverty, this is not always the case. Finding a job does not guarantee someone will receive remuneration that is high enough to cover their basic needs and be relatively secure financially. In some cases, workers reluctantly only work part-time after failing to find full-time work.

Some workers are paid wages below the amount that’s necessary to maintain a decent living standard. They are also not entitled to health or retirement benefits. Low-wage work is also associated with poor working conditions and job insecurity. These include poor health and safety standards, discrimination and excessive work hours…Read more>>

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