Today's Labour News

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Stats SAEngineering News reports that SA’s unemployment rate remained unchanged at 29.1% in the quarter ended 31 December 2019.  

Statistics SA reported on Tuesday that the number of employed persons had increased by 45,000 to 16.4-million, while the number of unemployed persons had decreased by 8,000 to 6.7-million in the fourth quarter, resulting in an increase of 38,000 persons in the labour force.  The increase of persons in the labour force was offset by the working-age population increasing by 145,000 in the fourth quarter, while discouraged work-seekers increased by 62,000.  Those who were not active in the labour market for reasons other than discouragement increased by 45,000.  The net increase in the number of persons who were not economically active in the fourth quarter was 107,000.  The expanded unemployment rate was 38.7%, or 10.4-million people, in the fourth quarter, which included discouraged work-seekers and those with other reasons for not searching for work.  The expanded unemployment rate increase was on the back of discouraged work-seekers increasing from 2.2-million people to 2.9-million people in the quarter.  The increase of 45,000 in the number of people employed in the fourth quarter was mainly driven by community and social services with 113,000, followed by finance with 76,000 and transport with 36,000 more people employed.  Declines in employment were recorded in trade, losing 159,000 jobs, manufacturing losing 39,000 jobs and utilities losing 14,000 jobs.

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