ANA reports that Mayor Herman Mashaba on Thursday announced that the City of Johannesburg had created "109 000 new jobs in the first two quarters of 2018 and reduced the expanded unemployment rate from 32.3% to 30.8%".
He indicated that the development was reported in the Quarterly Labour Force Survey released by Stats SA earlier in the week. "Unfortunately, this growth in Johannesburg has taken place at a time when we must sympathise with the 418,000 more people joining the ranks of the unemployed nationally, and 115,000 more in Gauteng over the same period," lamented the mayor. He also reported that the city achieved a record R8.7 billion in investment in the 2017/18 financial year, which he said exceeded "our targets by more than R3 billion".
- This short report is at IOL News
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