Formal jobs decline by 48 000 in Q1 – Stats SA
Jobs in the formal nonagricultural sector declined by 48 000, or 0.5%, to 9.64-million in the quarter ended March 31, Statistics South Africa’s (Stats SA’s) Quarterly Employment Statistics (QES) report has revealed.
This was mainly driven by trade and finance and business services, which lost 32 000 jobs and 23 000 jobs respectively. Jobs losses were also observed in community and social services with 8 000 jobs, manufacturing with 4 000 jobs and transport with 1 000 jobs lost.
However, the QES observed an increase in the construction industry of 12 000 jobs and in the mining industry of 8 000 jobs.
Year-on-year, statistics showed employment to have decreased by 58 000, owing to downscaling in the community services, transport services and finance and business services sectors.
Total earnings paid to employees also declined quarter-on-quarter by R19-billion, to R588-billion. However, this was R33-billion higher than last year.
The decrease in gross earnings was led by the manufacturing industry, as well as declines in earnings in the trade, community services, construction, transport and electricity industries.
However, there was a quarter-on-quarter increase in gross earnings in the finance and business services industry.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation