This news aggregator site highlights South African labour news from a wide range of internet and print sources. Each posting has a synopsis of the source article, together with a link or reference to the original. Postings cover the range of labour related matters from industrial relations to generalist human resources.
BusinessLive reports that unemployment in SA continued to accelerate in the third quarter, reaching 34.9%, up from 34.4% in the preceding three months.
Presenting the Quarterly Labour Force Survey (QLFS) for the third quarter on Tuesday, statistician-general Risenga Maluleke said the number of employed people fell by 660,000 in the three months to end-September to 14.3-million, while the number of unemployed people decreased by 183,000 to 7.6-million. He advised that the number of discouraged job seekers increased by 545,000 (16.4%), while the number of people who were not economically active “for reasons other than discouragement” increased by 443,000 (3.3%) between the two quarters, “resulting in a net increase of 988,000 in the not economically active population”. Maluleke went on to indicate: “These changes resulted in the unemployment rate increasing by 0.5 of a percentage point from 34.4% in the second quarter of 2021 to 34.9% in the third quarter of 2021 — the highest since the start of the QLFS in 2008. Unemployment as measured by the expanded definition increased by 2.2 percentage points to 46.6% in the third quarter of 2021 compared with the second quarter of 2021.” During the period under review, employment decreased by 571,000 (5.6%) in the formal sector, by 65,000 (5.4%) in private households, and by 32,000 (3.8%) in agriculture. Informal sector employment increased by 9,000 (0.3%).
- Read the original of the report in the above regard by Luyolo Mkentane at BusinessLive
- Read too, Unemployment rate hits new record high at 34.9%, at Engineering News
Get other news reports at the SA Labour News home page