The South African economy records a positive fourth quarter
Real gross domestic product (GDP) grew by 1,2%1 in the fourth quarter (October–December), taking the annual growth rate for 2021 to 4,9%. The fourth quarter was upbeat, with personal services, trade, manufacturing and agriculture the key drivers of growth. An increase in demand for goods and services drove up the expenditure side of the economy, read more »
The South African economy sheds more than half a million jobs in the 3rd quarter of 2021
According to the Quarterly Labour Force Survey (QLFS) for the 3rd quarter of 2021, the number of employed persons declined by 660 000 to 14,3 million compared to the 2nd quarter of 2021. The decline in employment is coupled with a decline in the number of unemployed persons to 7,6 million from 7,8 million, resulting in read more »
South African labour market is more favourable to men than women
Equal opportunity and equal treatment in the labour market are at the core of decent work. Unfortunately, women in South Africa and around the world still face additional challenges that hinder them from accessing employment. Once they are in employment, appointments to decision-making positions and jobs in certain sectors, or of certain characteristics, remain elusive. read more »
These goods drive South African agriculture
In an interview with Yahoo! News, Spanish-American chef and activist José Andrés said it best: “Food is health. Food is national security. Food is job creation. Food is economic growth.” 1 Agriculture plays a crucial role in food security, supplying the basic products that keep millions of people fed every day. In South Africa, the industry read more »
The National Household Travel Survey in South Africa (NHTS): South Africans take 45 million trips, mostly by foot
Media release 04 March 2021 The National Household Travel Survey in South Africa (NHTS): South Africans take 45 million trips, mostly by foot Statistics South Africa read more »
More people participate in the South African labour market in the 4th quarter of 2020
According to the Quarterly Labour Force Survey (QLFS), there was an increase of 333 000 in the number of employed persons, an increase of 701 000 in the number of unemployed persons and a decrease of 890 000 in the number of people who are out of the labour force, in the 4th quarter of 2020 compared to read more »
More than 60% of South African children are poor
MEDIA RELEASE 7 July 2020 More than 60% of South African children are poor More than six out of ten children (62,1%) are read more »
Vulnerability of youth in the South African labour market
The results of the Quarterly Labour Force Survey (QLFS) for the first quarter of 2020 indicate that employment decreased by 38 000 to 16,4 million and the number of unemployed persons increased by 344 000 to 7,1 million. As a result, the official unemployment rate increased by 1 percentage point to (30,1%) compared to the fourth quarter read more »
Statement from the South African Statistics Council on Stats SA funding
February 2020 Professor David Everatt, Chairperson, on behalf of the South African Statistics Council David.everatt@wits.ac.za, 0834559466 Stats SA is a globally recognised centre of excellence for producing official statistics. Stats SA is the only source of official statistics in South Africa. It has both kept in touch with or led best practice, notably in developing 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 »