Businesses bleed jobs for third consecutive quarter
New figures from the QES showed that South Africa’s formal non-agricultural sector shed 31 000 jobs in the third quarter of 2017. With losses of 41 000 in March 2017 and 31 000 in June 2017, this marks the third straight quarter of job losses across South Africa
The South African economy grew by 2,0% in the third quarter of 2017 (seasonally adjusted and annualised), down from a revised 2,8% in the second quarter. Agriculture, mining and manufacturing were the main drivers of the expansion, while there was a contraction in general government services resulting from low employment numbers in the public sector.
Stats SA recently released a complete overview of total government spending for 2015/16, providing insight into where your tax contributions have gone. Did you know that more money was spent on the police than on primary education, and more on defence than on environmental protection? Have a look at this infographic for more.
African Statistics Day 2017: 4 facts about our economy
“Better lives with better economic statistics.” This is the theme for African Statistics Day 2017, taking place on 18 November. In celebration of this prestigious day, Stats SA explores the archives to find four facts on the South African economy that you might have missed.
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