*Press Statement* November 3, 2011
*YCL supports the UNI Global Union in its quest to combat youth unemployment * The Young Communist League of South Africa [uFasimba] fully supports the initiative by the UNI Global Union to force the leaders of the G20 and the President of France Nicolas Sarkozy to put employment as a critical part of recovery from the global financial slump. Both President Sarkozy and the G20 Leaders at large need to fully focus on wiping out unemployment but also ensure that no more jobs are lost. The YCL unconditionally supports the following demands by the Global Union: · Stop " business and bonus" as usual mentality in the financial sector. · Push for businesses to start re-investing and focusing on job creation · Ensure that the widening gap between the poor and the rich is redressed. · Close tax heavens which fuel inequalities. · Introduce a financial transactions tax. · Develop global solidarity and fair working conditions across markets. The YCL urges President Jacob Zuma to ensure that he mobilizes global leaders in that forum to prioritise these matters. We are of the view that executive salary and bonus cuts are necessary for the purpose of narrowing the wage gap and socio-economic inequalities. As the YCL we will incorporate and emphatically ensure that the issue of job creation forms part of the agenda in the next General Assembly meeting of the World Federation of Democratic Youth [WFDY] taking place in Lisbon, Portugal, next week as part of a broader campaign and struggle to deal with youth unemployment. Issued by YCL Head Office For more information contact: Khaya Xaba YCL Media and Liaison Officer Cell: 074 5 204 204 Landline: 011 339 3621 E-mail: [email protected] -- You are subscribed. This footer can help you. Please POST your comments to [email protected] or reply to this message. You can visit the group WEB SITE at http://groups.google.com/group/yclsa-eom-forum for different delivery options, pages, files and membership. To UNSUBSCRIBE, please email [email protected] . You don't have to put anything in the "Subject:" field. You don't have to put anything in the message part. All you have to do is to send an e-mail to this address (repeat): [email protected] .
