Media Release 11 December 2018 QUARTERLY EMPLOYMENT STATISTICS The results of the Quarterly employment survey (QES) for the third quarter of 2018 show a decrease of 16 read more »
![The formal non-agricultural sector sheds 16 000 jobs in September 2018](https://www.statssa.gov.za/wp-content/uploads/2018/12/Data-story-graph-64x64.jpg)
The formal non-agricultural sector sheds 16 000 jobs in September 2018
The Quarterly Employment Survey (QES) for the third quarter of 2018, shows a decrease of 16 000 jobs. Job losses occurred in the manufacturing (-7 000), construction (-5 000), mining (-2 000), trade (-2 000), transport (-1 000), and community services (-1 000) industries. The manufacturing and construction industries accounted for about three-quarters of the decline in employment over the quarter. Whilst read more »
![Business profit jumps in financial year 2016/17](https://www.statssa.gov.za/wp-content/uploads/2018/12/img4-64x64.png)
Business profit jumps in financial year 2016/17
Some good news in trying times. After two consecutive years of decline, South African businesses recorded a 49% increase in net profit before tax in financial 2017, according to Stats SA’s latest Annual financial statistics (AFS) survey. The mining industry was the largest contributor to this rise. The success of a business generally depends on read more »
Stats Biz – November 2018
The South African economy grew by 2,2% quarter-on-quarter in the third quarter of 2018, bringing to an end the country’s second recession since 1994. Higher contributions to growth in a number of industries – most notably in manufacturing, transport as well as finance and business services – were enough to lift economic growth back into read more »
![The recession ends as GDP climbs by 2,2%](https://www.statssa.gov.za/wp-content/uploads/2018/12/img1-64x64.png)
The recession ends as GDP climbs by 2,2%
The South African economy grew by 2,2% quarter-on-quarter (seasonally adjusted and annualised) in the third quarter of 2018, bringing to an end the country’s second recession since 1994. Higher contributions to growth in a number of industries – most notably in manufacturing, transport as well as finance and business services – were enough to lift read more »
![Tourism jobs grow despite sluggish economy](https://www.statssa.gov.za/wp-content/uploads/2018/11/TSA-2017_Infographic_medium-64x64.jpg)
Tourism jobs grow despite sluggish economy
With concerns over job losses in major industries, the tourism sector has shown some resilience in the face of a tough economic climate. In 2017, the sector had its most successful year of job creation in recent times. The tourism sector created 31 752 net new jobs in 2017.1 This is the most number of net read more »
Private sector companies record turnover increases
Media release 20 November 2018 Private sector companies record turnover increases The total turnover for private sector enterprises1 operating in the South African economy increased by 6,0% to R9 369 199 million (R9,4 trillion) for 2017 from R8 836 493 million (R8,8 trillion) in 2016. For the reference period, turnover increased in all industries covered in the Annual read more »
![How much does SA business spend on its employees?](https://www.statssa.gov.za/wp-content/uploads/2018/10/Chart_02-64x64.jpg)
How much does SA business spend on its employees?
About 14% of total spending, according to recent figures. A quick review of the data shows that this proportion has remained relatively stable over the last decade. In the second quarter of 2009, employment costs contributed 15% of total expenditure in the formal business sector. Although there hasn’t been a major change over time for read more »
![Formal employment declines in second quarter of 2018](https://www.statssa.gov.za/wp-content/uploads/2018/09/pic1-64x64.jpg)
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 69 000, bringing the total number of persons employed in the formal non-agricultural sector of South Africa to 9 748 000. Job losses were reported in the read more »
GDP in the second quarter of 2018 contracted by 0,7%
Press statement Embargo: Tuesday 4 September 2018, 11:30 GDP in the second quarter of 2018 contracted by 0,7% Gross domestic product (measured by production) South Africa’s gross domestic product (GDP) fell by 0,7% in the second quarter of 2018.1 The agriculture, read more »