In South Africa, employment in private households represents a crucial segment of the labour market, making a significant contribution to total employment despite being relatively vulnerable and largely informal. According to data from the Q3: 2024 Quarterly Labour Force Survey (QLFS), approximately 1,1 million South Africans are employed in private households, with 75,7% (or 854 000) working   read more »

Stats SA published 23 statistical releases in October, many of which provide fresh data on the state of the economy. The latest monthly indicators Nationally, mining activity increased by a marginal 0,3% year-on-year in August. Manganese ore, platinum group metals and chromium ore were the largest drivers of growth. Nickel and copper also recorded a   read more »

Each province has its own unique economic profile. The latest set of regional gross domestic product (GDP) figures paint a picture of what drives economic activity in each province. The data also shows what each province brings to the economic table of the country. Which industries drive your provincial economy? Gauteng is the nation’s economic   read more »

The latest set of economic indicators paint a preliminary picture of economic performance in the second quarter (April–June). The quarter in a nutshell Several sectors enjoyed positive gains in the second quarter of 2024 compared with the first quarter of 2024. These include manufacturing, electricity generation, construction (buildings reported as completed to larger municipalities), wholesale   read more »

This year’s Women’s Month, marked by the theme “Celebrating 30 Years of Democracy Towards Women’s Development,” serves as a powerful reminder of the strides women have made since the dawn of our democracy. The theme not only highlights the achievements and contributions of women across various sectors but also underscores the ongoing challenges that need   read more »

South Africa’s population has now exceeded 63 million, according to the latest mid-year population estimates for 2024. The country’s population grew by approximately 835,513 individuals, marking a 1,33% increase from July 2023 to July 2024. The data reveals that over half of the population is female, totalling around 32 million people. Provincial population estimates indicate   read more »

The South African national government spent R2,04 trillion1 in the 2022/23 financial year, representing a rise of 6,1% from R1,92 trillion in 2021/22. Stats SA’s latest set of national government financial data shows how these funds were distributed. Just over half of total expenses in 2022/23 was allocated to grants paid to other levels of government, institutions   read more »

According to the Quarterly Employment Statistics (QES, Q1:2024) survey released by Statistics South Africa (Stats SA), total employment in the formal non-agricultural sector decreased by 67 000 in the first quarter of 2024, bringing the level of employment to 10,7 million. The survey showed that 74 000 jobs were lost between March 2023 and March 2024.   read more »

Real gross domestic product (GDP) contracted by a marginal 0,1% in the first quarter (January–March) of 2024.1 This followed a revised 0,3% increase in the fourth quarter of 2023. Weaker manufacturing, mining and construction drove much of the downward momentum on the production (supply) side of the economy, while the expenditure (demand) side witnessed a   read more »

South Africa, like many countries globally, grapples with the challenge of youth unemployment. This is supported by statistics indicating a 45,5% unemployment rate among young individuals (aged 15-34 years), in contrast to the national average of 32,9% in the first quarter of 2024. However, when looking at the Labour Market Dynamics in South Africa report   read more »