![SA formal non-agricultural sector employment drops by 1,2% in Q2 of 2022](https://www.statssa.gov.za/wp-content/uploads/2022/09/qes2-64x64.jpg)
SA formal non-agricultural sector employment drops by 1,2% in Q2 of 2022
According to the Quarterly Employment Statistics (QES, Q2:2022) survey released by Statistics South Africa (Stats SA), total employment in the formal non-agricultural sector decreased by 119 000 in the second quarter of 2022, bringing the level of total employment to approximately 9,9 million. The survey showed that jobs increased by 74 000 between June 2021 and read more »
![South African GDP declines by 0,7%](https://www.statssa.gov.za/wp-content/uploads/2022/09/gdp3-64x64.png)
South African GDP declines by 0,7%
After two consecutive quarters of positive growth, real gross domestic product (GDP) decreased by 0,7%1 in the second quarter of 2022 (Q2: 2022). The devastating floods in KwaZulu-Natal and load shedding contributed to the decline, weakening an already fragile national economy that had just recovered to pre-pandemic levels. Manufacturing the biggest drag on GDP The flooding read more »
Quarterly Labour Force Survey (QLFS) – Q2:2022
MEDIA RELEASE Embargo: Tuesday 23 August 2022, 11h30 AM Quarterly Labour Force Survey (QLFS) – Q2:2022 The official unemployment rate was 33,9% in the second quarter of 2022. Statistics South Africa (Stats SA) has, today (23 August 2022), issued the results of the Quarterly Labour Force Survey (QLFS) for Q2: 2022. These results indicate that read more »
![Formal non-agricultural sector employment up in first quarter of 2022](https://www.statssa.gov.za/wp-content/uploads/2022/06/Number-of-employees-final-1-64x64.jpg)
Formal non-agricultural sector employment up in first quarter of 2022
According to the Quarterly Employment Statistics (QES, Q1:2022) survey released by Statistics South Africa (Stats SA), total employment in the formal non-agricultural sector increased by 42 000 in the first quarter of 2022, bringing the level of total employment to approximately 10,1 million. The survey showed that jobs increased by 200 000 between March 2021 and read more »
![After two years, GDP returns to pre-pandemic levels](https://www.statssa.gov.za/wp-content/uploads/2022/06/gdpq4-64x64.png)
After two years, GDP returns to pre-pandemic levels
South African gross domestic product (GDP) expanded by 1,9% in the first quarter of 2022, representing a second consecutive quarter of upward growth.1 The size of the economy is now at pre-pandemic levels, with real GDP slightly higher than what it was before the COVID-19 pandemic. This release covers the first quarter of the year read more »
![Seasonal adjustment: what is it, and why is it important?](https://www.statssa.gov.za/wp-content/uploads/2022/04/season8-64x64.jpg)
Seasonal adjustment: what is it, and why is it important?
In April and May 2022 Stats SA is updating its seasonal adjustment models for monthly business cycle indicators, namely mining, manufacturing, electricity, building, wholesale, retail, motor, tourist accommodation, food & beverages, land transport, and civil cases for debt. What is seasonal adjustment, and why is it so important for measuring and analysing the economy? We read more »
![Part-time job gains offset full-time job losses in Q4 formal non-agricultural sector](https://www.statssa.gov.za/wp-content/uploads/2022/03/emp2-64x64.jpg)
Part-time job gains offset full-time job losses in Q4 formal non-agricultural sector
Jobs in the formal non-agricultural sector increased by 62 000 in the fourth quarter of 2021, bringing the total number of persons employed in the formal non-agricultural sector in South Africa to approximately 10,0 million. According to the Quarterly Employment Statistics (QES, Q4:2021) survey released by Statistics South Africa (Stats SA), formal sector jobs increased read more »
![The South African economy records a positive fourth quarter](https://www.statssa.gov.za/wp-content/uploads/2022/03/gdpfirst4-64x64.jpg)
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 »
![Jobs increase in formal non-agricultural sector in Q3: 2021](https://www.statssa.gov.za/wp-content/uploads/2021/12/qes2-64x64.jpg)
Jobs increase in formal non-agricultural sector in Q3: 2021
Jobs in the formal non-agricultural sector increased by 52 000 in the third quarter of 2021, bringing the total number of persons employed in the formal non-agricultural sector in South Africa to approximately 9,62 million. According to the Quarterly Employment Statistics (QES, Q3:2021) survey released by Statistics South Africa (Stats SA), year-on-year, formal sector jobs increased read more »
![Pre-lockdown business profits fall to their lowest level in 14 years](https://www.statssa.gov.za/wp-content/uploads/2021/12/AFSPic3-64x64.jpg)
Pre-lockdown business profits fall to their lowest level in 14 years
Net profit before tax in the formal business sector tumbled by 33,4% in the financial year 2020 compared with 2019, with business services and manufacturing the hardest hit. The data, from Stats SA’s latest Annual financial statistics (AFS) survey1 , which mostly covers the period before the lockdown, show that total net profit before tax read more »