Yearly Archives: 2014

Job gains in quarter 4 of 2013 were in the informal sector and temporary in nature.

Job gains in quarter 4 of 2013 were in the informal sector and temporary in nature.

Based on revised estimates, in quarter 4 of 2013, employment levels rose to 15,2 million – surpassing the peak reached in quarter 4 of 2008 during the pre-recession period. However, quarterly job gains of 141 000 in quarter 4 of 2013 were largely due to an increase in informal sector employment of 123 000. In addition, most   read more »


Holiday inflation above average

Holiday inflation above average

If you were fortunate enough to go away during the December holidays, January may be the time you look back on how much it all cost you. CPI inflation for December 2013 was 5,4%, slightly higher than the 5,3% of November 2013. But most of the specific holiday costs are showing inflation rates above this average. If you   read more »