More Formal Jobs Created In SA

12 Dec 2012


Immigration News

South Africa's formal economy created jobs in the third quarter, although at a slower pace. The Statistics South Africa data released today, show that the formal non-agricultural sector added 10 000 new jobs in the September quarter.

On an annual basis, employment increased by 82 000 jobs. Economist Mike Schussler says that is far below the 500 000 new formal jobs per annum needed to bring down unemployment.

The other worrying factor is that most of the new jobs were created in the public sector. Private companies continued to shed jobs with the exception of few industries such as retail and finance.

The Employment survey shows an 8% increase in the average monthly earnings of employees in the formal sector. That's between August 2011 and this year August. In terms of the earnings, again the public sector outpaced the private sector.

Source: http://www.sabc.co.za/news/a/aac199004dc5ad38844eb7f251b4e4e2/ANC-more-united-ahead-of-Mangaung:-Mantashe-20121112


QUICK ENQUIRY

  • Send me regular updates and alerts
This has been a perfect service. Vamsi has ...

Axxxxx xxxxx
Australia

AUSTRALIAN VISA...

Processing visa through Opulentus has been an awesome ...

Sxxxxxxx xxxxxxxxxxxxI
Australia

AUSTRALIAN VISA...

The process at Opulentus is smooth, transparent and ...

Vxxxxxx xxxxxxx
Australia

AUSTRALIAN VISA...

It was a good experience with opulentus team, ...

Sxxxxxxx xxxxxxA
Australia

AUSTRALIAN VISA...

It had been very good journey and experience ...

Jxxxxxx xxxxxxA
Australia

AUSTRALIAN VISA...

PR process along with Opulentus was very smooth. ...

Pxxxxxxxxx xxxxxA
Australia

AUSTRALIAN VISA...

From the first day of me walking in ...

Nxxxxxxxxx xxxxxxxx
Australia

AUSTRALIAN VISA...

I would like to thank OPULENTUS and Mrs.Ashwini ...

Vxxxxxxx xxxxxxxxxxx
Australia

AUSTRALIAN VISA...

Hi, The journey of getting the VISA was smooth ...

Dxxxxxx xxxxxxxxI
Australia

AUSTRALIAN VISA...

I would like to take this opportunity to ...

Hxxxxxxxxx xxxxxxxxxN
Australia

AUSTRALIAN VISA...

View All