Statistics South Africa today released the
Quarterly Employment Statistics report, according to the report total
employment decreased by 194 000 or -1,8% quarter-on-quarter, from
10 899 000 in
September 2023 to 10 705 000 in December 2023. This was due to decreases in the
following industries: community services (-214 000 or -6,8%), construction (-19
000 or -3,1%), business services (-12 000 or -0,5%), manufacturing (-7 000 or -0,5%),
and mining (-1 000 or -0,2%). However, there were increases in the following
industries: trade
(56 000 or 2,4%), transport (2 000 or 0,4%) and electricity
(1 000 or 1,6%).
Total employment increased by 98 000 or 0,9% year-on-year between December 2022 and December 2023.
Full-time employment decreased by 5 000 or -0,1% quarter-on-quarter, from 9 498 000 in September 2023 to 9 493 000 in December 2023. This was due to decreases in the following industries: construction (-13 000 or -2,4%), manufacturing (-12 000 or -1,0%), community services (-11 000 or -0,5%), business services (-3 000 or -0,1%), and mining (-1 000 or -0,2%). However, there were increases in the following industries: trade (31 000 or 1,5%), transport (3 000 or 0,7%), and electricity (1 000 or 1,6%).
Full-time employment increased by 12 000 or 0,1% year-on-year between December 2022 and December 2023.
Part-time employment decreased by 189 000 or -13,5% quarter-on-quarter, from 1 401 000 in September 2023 to 1 212 000 in December 2023. This was due to decreases in the following industries: community services (-203 000 or -27,2%), business services (-9 000 or -3,8%), construction (-6 000 or -7,8%), transport (-1 000 or 5,3%). Electricity industry reported no change. However, there were increases in the following industries: trade (25 000 or 10,4%), and manufacturing (5 000 or 6%).
Part-time employment increased by 86 000 or 7,6% year-on-year between December 2022 and December 2023.
Gross earnings paid to employees increased by R54,5 billion or 5,8% from R941,5 billion in September 2023 to R996 billion in December 2023. This was due to increases in all industries; trade (R15,1 billion), manufacturing (R12,6 billion), construction (R7,3 billion), business services (R7,1 billion), community services (R5,8 billion), transport (R4,7 billion), electricity (R1,8 billion) and mining (R216 million).
Gross earnings increased by R42 billion or 4,4% year-on-year between December 2022 and December 2023.
Basic salary/wages increased by R44 billion or 5,4% year-on-year between December 2022 and December 2023.
Bonus paid to employees increased by R45 billion or 69% from R65,2 billion in September 2023 to R110,2 billion in December 2023. This was due to increases in the following industries: trade, manufacturing, community services, construction, transport, business services and electricity.
The bonus payments decreased
by R5,2 billion or-4,5% year-on-year between December 2022 and December 2023.
Overtime paid to employees
increased by R1,6 billion or 6,1% from R26,7 billion in September 2023 to R28,4
billion in December 2023. This was due to increases in the following
industries: business services, manufacturing, community services, trade,
construction, transport and electricity.
Overtime payments increased
by R3,6 billion or 14,5% year-on-year between December 2022 and December 2023.
Average monthly earnings paid to employees
increased by 1,6% from R26 471 in August 2023 to R26 894 in November 2023. Year-on-year,
there was an increase of 2,3%.