Unemployment falls; Stats SA show that employment increased with 56k

Unemployment falls; Stats SA show that employment increased with 56k

- According to a report by StatsSA, employment is on the increase in South Africa.

- 56 000 people were employed during the first three months of 2018

- Almost 10 million people were employed during these three months

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Statistics South Africa released the Quarterly Labour Force Survey for Quarter 1: 2018 on Tuesday. The report shows that formal employment in South Africa has gone up by 56 000 in the first 3 months of 2018.

9.8 million South Africans have been employed during the first quarter.

This increase in employment is attributed the raise in community services, construction, manufacturing and the business services sector.

However, there has been a decrease in employment in the transport, mining and trade sectors.

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Economist Azar Jammine said that the increase in employment is no surprise because the Quarterly Labour Force Survey statistics showed a 111 000 increase in formal employment.

Briefly.co.za learned that gross earnings paid to employees decreased by 3.9% between December 2017 and March 2018.

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Economist Isaac Mathekgo stated that it would be great if the production sectors drove employment in South Africa.

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Source: Briefly.co.za

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