Today's Labour News

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Stats SAEngineering News reports that the official unemployment rate increased to 27.5% during the third quarter, compared with 27.2% in the second quarter and 26.7% in the first quarter.  This translated to 6.2m unemployed people.  

Statistics SA’s Quarterly Labour Force Survey for the third quarter was released on Tuesday.  Adding 2.7m discouraged work seekers and 800,000 people with other reasons for not actively seeking employment, the number of unemployed people increased to 9.8m.  During the third quarter, the working-age population increased by 153,000 people, compared with the second quarter.  About 38m were of working age (between 15 to 64 years), of which 16.4m were employed.  Of the 10.3m people aged between 15 and 24, 31.3% had not been in employment, education and training in the third quarter.  The informal sector recorded employment gains of 188,000, while the formal sector, private households and agriculture, which accounted for 68.7% of total employment, recorded declines in employment.  Among the industries that recorded declines were private households by 30,000, mining by 29,000 and manufacturing by 25,000.  Provinces that recorded the biggest employment losses were the Free State at 14,000 and the Eastern Cape at 13,000.

  • Read this report in full at Engineering News
  • Read too, No respite for SA’s jobless as unemployment rate climbs to 27.5%, at BusinessLive

Get other news reports at the SA Labour News home page