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An Analysis of Poverty in Households Headed by Millennials in South Africa

Author

Listed:
  • Jabulile Lindiwe Makhalima

    (North-West University, Vanderbijlpark, South Africa)

Abstract

Poverty is a worldwide quandary and despite global efforts to culminate it, progress in this regard has been slow and in some parts of the world, the plight has worsened. Ensuring adequate resource provision for their families and consequently evading poverty proves to be a challenge for some household heads, particularly millennials. This study therefore seeks to analyse the prevalence of poverty in households headed by millennials based on their characteristics. The study employed data from the 2021 General Household Survey of Statistics South Africa with a sample of 2685 millennial heads. The findings reveal that households headed by millennials who are males, African; single, divorced, and unemployed are vulnerable to poverty. Further findings indicate that households where the head had a tertiary qualification and was employed were less vulnerable to poverty. It can therefore be construed that head of household characteristics have a bearing on a household s wellbeing and the future outcomes of the children in their households. Policies enacted by government needs to create realistic opportunities that will enable millennials to sustain themselves and their households.

Suggested Citation

  • Jabulile Lindiwe Makhalima, 2022. "An Analysis of Poverty in Households Headed by Millennials in South Africa," International Journal of Economics and Financial Issues, Econjournals, vol. 12(6), pages 38-44, November.
    • Handle: RePEc:eco:journ1:2022-06-5
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    References listed on IDEAS

    as
    1. Yuan-Chiao Lu & Regine Walker & Patrick Richard & Mustafa Younis, 2019. "Inequalities in Poverty and Income between Single Mothers and Fathers," IJERPH, MDPI, vol. 17(1), pages 1-15, December.
    2. Maria Alessandra Antonelli & Valeria De Bonis, 2021. "Economic Poverty: Does the Break-Up of Families Matter?," Social Sciences, MDPI, vol. 10(6), pages 1-20, June.
    3. Wendy D. Manning & Pamela J. Smock & Marshal Neal Fettro, 2019. "Cohabitation and Marital Expectations Among Single Millennials in the U.S," Population Research and Policy Review, Springer;Southern Demographic Association (SDA), vol. 38(3), pages 327-346, June.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    millennials; head; households; poverty; poor;
    All these keywords.

    JEL classification:

    • D1 - Microeconomics - - Household Behavior
    • J1 - Labor and Demographic Economics - - Demographic Economics
    • I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty

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