GDP in the first quarter of 2018 contracted by 2,2%
Press statement                        Embargo: Tuesday 5 June 2018, 11:30 GDP in the first quarter of 2018 contracted by 2,2% Gross domestic product (measured by production) South Africa’s gross domestic product (GDP) fell by 2,2% in the first quarter of 2018.1 The manufacturing industry and the mining and quarrying industry were the largest negative contributors to 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 »
Quarterly Labour Force Survey – QLFS Q1:2018
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 15 May 2018 Quarterly Labour Force Survey – QLFS Q1:2018 The results of the Quarterly Labour Force Survey (QLFS) for the first quarter of 2018 released by Statistics South Africa today indicate that: The South African working-age population increased by 153Â 000 or 0,4 per cent 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 Labour Force Survey – QLFS Q4:2017
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 13 February 2018 Quarterly Labour Force Survey – QLFS Q4:2017 Â The results of the Quarterly Labour Force Survey (QLFS) for the fourth quarter of 2017 released by Statistics South Africa today, indicate a decrease of 351 000 in the labour force in Q4:2017 with employment and unemployment decreasing by 21 000 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 »
GDP in the third quarter of 2017 grew by 2,0%
Press statement            Embargo: Tuesday 5 December 2017, 11:30 GDP in the third quarter of 2017 grew by 2,0% Gross domestic product (measured by production) South Africa’s real gross domestic product (GDP) growth rate was 2,0% in the third quarter of 2017. Second quarter GDP growth was revised from 2,5% read more »