Quarterly Labour Force Survey: Quarter 2 (April to June), 2014 Press Statement
29 July 2014 Employment increased by 39 000 between Q1: 2014 and Q2: 2014, while unemployment increased by 87 000 resulting in an increase of 126 000 persons in the labour force. Consequently, the unemployment rate increased by 0,3 of a percentage point to 25,5% in Q2: 2014. The expanded unemployment rate reached 35,6% in read more »
Mbalo Brief – July 2014
“A fundamental concern for others in our individual and community lives would go a long way in making the world the better place we so passionately dreamt of”. These are the words of South Africa’s first democratically elected president, Nelson Rolihlahla ‘Madiba’ Mandela during an address delivered at Walter Sisulu Square in Kliptown, Soweto in read more »
Formal sector shows marginal growth in employment
Between December 2013 and March 2014, the non-agriculture formal sector of the South African economy experienced a net increase of 9 000 employees (+0,1%), from 8 498 000 to 8 507 000 individuals. This increase was mainly due to increases in the community, social and personal services industry which gained 50 000 employees (+2,1%); the finance industry (+7 000 or +0,4%); and read more »
First quarter GDP down
The seasonally adjusted real gross domestic product (GDP) at market prices for the first quarter of 2014 decreased by an annualised rate of 0,6 percent. The main contributors to this decrease in economic activity were the mining and quarrying industry (-1,3 percentage points) and the manufacturing industry (-0,7 of a percentage point). The mining and read more »
Real gross domestic product (GDP) at market prices decreased by 0,6 per cent during the first quarter of 2014
The seasonally adjusted real GDP at market prices for the first quarter of 2014 decreased by an annualised rate of 0,6 per cent compared with an increase of 3,8 per cent during the fourth quarter of 2013. The main contributors to the decrease in economic activity in the first quarter of 2014 were the mining read more »
Mbalo Brief – April 2014
On 27 April 1994, over 19 million South Africans of all races voted in the country’s first free and fair non-racial general elections. This milestone in the struggle for equality and human rights ended over three hundred years of racial segregation, colonialism and apartheid. Since 1995, the 27th of April has been celebrated in commemoration read more »
Formal sector employment increases in quarter 4
The Quarterly Employment Survey (QES) results show that number of employees working in businesses increased by 38 thousand – from 8 457 000 in the third quarter of 2013 to 8 495 000 in the fourth quarter. This was driven by an increase of 35 000 in the Trade industry and increases in the Community and social services read more »
Mbalo Brief – March 2014
This month women across the globe celebrated International Women’s Day (IWD) – a day conceived at the 1910 International Women’s Conference in Denmark. Originally proposed at the 1910 conference by German socialist, Luise Zietz, with the support of fellow German political leader Clara Zetkin, the day was intended to celebrate achievements relating to women’s rights read more »
Changes to the basket and weights of the Producer Price Index, 25 February 2014
The January 2014 statistical release of the Producer Price Index (to be released on 27 February) will show changes to the weights and basket of the indices. The methodology of the new PPI series that was introduced last year is to update the weights on an annual basis. The PPI has weights at two levels. read more »
Fourth quarter GDP up by 3,8 per cent
The seasonally adjusted real gross domestic product (GDP) at market prices for the fourth quarter of 2013 increased at an annualised rate of 3,8 per cent. The main contributors to this increase in economic activity were the manufacturing industry (1,8 percentage points) and the mining and quarrying industry (0,8 of a percentage point). The manufacturing read more »