QUARTERLY EMPLOYMENT STATISTICS
Total employment increased by 16 000 or 0,2% quarter-on-quarter, from 10 197 000 in September 2019 to 10 213 000 in December 2019. This was largely due to increases in the following industries: trade (39 000 or 1,7%), business services (12 000 or 0,5%) and community services (3 000 or 0,1%).The electricity industry remained unchanged. read more »
Formal sector jobs moderately up in fourth quarter
New employment figures released by Statistics South Africa (Stats SA) showed that South Africa’s formal non-agricultural sector added 16 000 jobs in the fourth quarter of 2019, bringing the total number of persons employed in the formal non-agricultural sector to 10,2 million. The Quarterly Employment Survey (QES) reported that formal sector jobs rose by 18 000 in read more »
Lockdown will impact on the collection and publication of official statistics
Statistics South Africa (Stats SA’s) ability to publish official statistics will be impacted by the lockdown announced by President Ramaphosa. As most businesses will be closed over that period, and movement will be restricted, data collection for both economic and household surveys will not be possible. As the lockdown goes into effect at midnight on read more »
GDP in the fourth quarter of 2019 decreased by 1,4%
Press statement                                                                                    Embargo: Tuesday 3 March 2020, 11:30 GDP in the fourth quarter of 2019 decreased by 1,4% Gross domestic product (measured by production) South Africa’s gross domestic product (GDP) decreased by 1,4% in the fourth quarter of 2019.1 The transport, storage and communication industry read more »
Economy slips into recession
The South African economy contracted by 1,4% in the fourth quarter of 2019, following a contraction of 0,8% (revised) in the third quarter.1 Transport and trade were the main drags on overall activity, according to the latest gross domestic product (GDP) figures. Seven of the ten industries contracted in the fourth quarter. Finance, mining and read more »
Quarterly Labour Force Survey (QLFS) – Q4:2019
MEDIA RELEASE                                                                                            11 February 2020                             Quarterly Labour Force Survey (QLFS) – Q4:2019 The results of the Quarterly Labour Force Survey (QLFS) for the fourth quarter of 2019 indicate that the official unemployment rate remained unchanged (29,1%) compared to read more »
28 000 jobs lost in SA formal sector third quarter of 2019
Formal sector employment decreased by 28Â 000 in September 2019, with 11Â 000 full-time and 17Â 000 part-time jobs shed during the quarter. The September 2019 Quarterly Employment Statistics (QES) survey showed that an estimated 10Â 142Â 000 people were employed in the formal non-agricultural sector of the South African economy, which is down by 28Â 000 from 10Â 170Â 000 in the read more »
Stats Biz – November 2019
After rebounding by a revised 3,2% in the second quarter of 2019, activity in the South African economy slipped by 0,6% in the third quarter. Mining, manufacturing and transport were the biggest drags on growth in gross domestic product (GDP). Explore economic growth, as well as other stories, in this edition of Stats Biz. Download read more »
GDP contracts by 0,6% in the third quarter
After rebounding by a revised 3,2%1 in the second quarter of 2019, activity in the South African economy slipped slightly in the third quarter. Mining, manufacturing and transport were the biggest drags on growth in gross domestic product (GDP). Mining was down by 6,1%, driven largely by a fall in the production of platinum group read more »
Working capital: how do South African businesses fare?
Stats SA provides a snapshot of working capital across the formal business sector in the latest release of the Annual Financial Statistics (AFS) report. Working capital is a measure of a company’s liquidity and is one of a number of measures that provide insight into a company’s ability to pay off debt. To calculate working read more »