Who is most likely to be affected by long-term unemployment?
South Africa’s official unemployment rate is on the increase. In the past 10 years (2008–2018), the unemployment rate has increased from 21,5% to almost 28,0%. Unemployment refers to those persons who were not employed, had taken steps to look for a job or to start a business and were available to take up a job read more »
Youth unemployment still high in Q1: 2018
The South African working-age population increased by 153 000 or 0,4 per cent in the first quarter of 2018 compared to the fourth quarter of 2017. The rise in both employment (up by 206 000) and unemployment (up by 100 000) over the quarter led to the rise in the labour force participation rate now read more »
Unemployment increases in the third quarter of 2015
27 October 2015 Media Release The results for the third quarter Quarterly labour force survey (QLFS) shows that the working-age population was 36,1 million – 15,8 million employed, 5,4 million unemployed and 14,9 million not economically active. The not economically active population decreased by 200 000 and the economically active population increased 359 000 quarter-to-quarter. read more »
Employment levels back to pre-recession peak but absorption rate lower
Employment levels at 14 million in Q3: 2013 are now back to the Q4: 2008 peak. The working age population however, has increased by 2,3 million over the period Q4: 2008 to Q3: 2013 such that the percentage of South Africans aged 15-64 years with jobs (the absorption rate) has declined from 45,0% in Q4: read more »
Most migrants to South Africa come from the SADC region for employment
Labour migration, the movement of individuals across the borders for employment purposes, is a fundamental aspect of the global economy and has profound social, economic, and political implications. According to the report, Migration profile report for South Africa: A country profile 2023 released by Statistics South Africa (Stats SA), most migrants entering South Africa originate read more »
Economic wrap-up for November 2023
Stats SA published 25 statistical releases in November. Here is a quick overview of the latest economic indicators. Employment surpasses pre-COVID-19 levels Covering a sample of about 30Â 000 households across the country, the Quarterly Labour Force Survey reported a rise in employment figures in the South African workforce. The economy created 399Â 000 jobs in the read more »
Discouraged Work-Seekers Decline in SA in Q3:2023
South Africa’s working-age population that are discouraged have shown a willingness to shift from being inactive to actively engaging in the labour market, either through employment or job-seeking efforts. This is evident in the results of the Quarterly Labour Force Survey (QLFS) for the third quarter of 2023. The number of persons who were not read more »
Economic wrap-up for August 2023
Stats SA published 28 statistical releases in the month of August. Here is a monthly rundown of important economic indicators. Consumer and producer inflation continue to cool Inflation figures continue to provide some good news. Remaining on a downward path, consumer headline inflation slowed to its lowest reading in two years. The annual change in read more »
Equality in the job market still eludes women in SA
South Africa celebrates Women’s Month in August. 9 August commemorates the women’s march of 1956, a protest against the extension of Pass Laws to women, which sought to control rather than empower them. The 2023 theme for Women’s Month, ‘Accelerating Socio-Economic Opportunities for Women’s Empowerment’, calls for the heightening of socio-economic programs and activities across read more »
Economic wrap-up for May 2023
Stats SA published 21 statistical releases in the month of May, providing valuable insight into the current state of our economy. Here is a brief rundown of important indicators. Inflation edged lower in April Despite the ongoing stresses of rising prices and escalating costs of debt, there were some hopeful signs from the latest inflation read more »