Formal employment declines in second quarter of 2018
According to the figures from the Quarterly Employment Statistics (QES) survey, released by Statistics South Africa, the total number of jobs reported in the second quarter showed a decrease of 69Â 000, bringing the total number of persons employed in the formal non-agricultural sector of South Africa to 9Â 748 000. Job losses were reported in the read more »
Quarterly Labour Force Survey – QLFS Q2:2018
MEDIA RELEASEÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 31 July 2018 Quarterly Labour Force Survey – QLFS Q2:2018 Â The official unemployment rate increased by 0,5 of a percentage point to read more »
SA added 56 000 jobs in the first quarter of 2018
The total number of jobs reported in the first quarter showed an increase of 56Â 000 from the previous quarter, bringing the total number of persons employed in the formal non-agricultural sector to 9Â 838Â 000. According to the figures from the Quarterly Employment Statistics (QES) Survey, formal sector jobs rose year-on-year by 74Â 000 in the first quarter read more »
Economy disappoints in Q1 2018, contracting by 2,2%
After growing by 3,1% in the fourth quarter of 2017, the South Africa economy wobbled in the first quarter of 2018, shrinking by 2,2% quarter-on-quarter (seasonally adjusted and annualised). Agriculture, mining and manufacturing were the main contributors to the slowdown, with the electricity, construction and trade industries also recording negative growth. The 2,2% fall is read more »
Mbalo Brief – May 2018
From 7 to 10 May 2018, the South African tourism industry hosted the annual Africa’s Travel Indaba at the Inkosi Albert Luthuli Convention Centre in Durban, KwaZulu-Natal. This is one of the largest tourism marketing events on the African calendar and the tourism industry as it showcases the variety of Africa’s best tourism products, attractions read more »
South African economy gains formal jobs in fourth quarter
Figures from the Quarterly Employment Statistics (QES) survey showed that South Africa’s formal non-agricultural sector added 81 000 jobs in the fourth quarter of 2017, bringing the total number of persons employed in the formal non-agricultural to 9,8 million. The QES also showed formal sector jobs rise by 18 000 in the fourth quarter compared with the read more »
How important is tourism to the South African economy?
At the 2018 International Travel Trade Show in Germany held in March 2018, South African Tourism CEO Sisa Ntshona was quoted as stating that tourism is vitally important to the South African economy, and that the sector should be nurtured for sustained and inclusive growth. Recent data from Stats SA show how important tourism actually read more »
Economic growth better than what many expected
In a time when good news seems hard to come by, the latest gross domestic product (GDP) results provide some cautious cheer. The South African economy grew by 1,3% in 2017, exceeding National Treasury’s expectation of 1,0% growth announced during the National Budget Speech in February. After a wobbly start to 2017, which saw economic read more »
QUARTERLY EMPLOYMENT STATISTICS
Media Release                                                                                        12 December 2017 QUARTERLY EMPLOYMENT STATISTICS The results of the Quarterly Employment Survey for the third quarter of 2017 released by Statistics South Africa today, show a decline of 31 000 jobs (or -0.3%) to 9 589 000 in the formal non-agricultural sector in the quarter ended in September 2017. This is a read more »
Businesses bleed jobs for third consecutive quarter
New figures from the QES showed that South Africa’s formal non-agricultural sector shed 31 000 jobs in the third quarter of 2017. With losses of 41 000 in March 2017 and 31 000 in June 2017, this marks the third straight quarter of job losses across South Africa. The job market has experienced notable pressure in the last read more »