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A man stands with a ‘hire me’ placard.
Data from Statistics South Africa shows that total employment in the formal sector declined by 133 000 or 1.2% in the third quarter, compared to the second quarter of this year.
The Quarterly Employment Statistics recorded formal job numbers at 10.6 million from 10.7 million.
The decrease in jobs stemmed from significant declines in community services, business services, manufacturing, transport, mining and electricity employment.
The Quarterly Employment Statistics measures employment trends in the formal non-agricultural sector.
“Full-time employment decreased by 44 000 year-on-year between September 2023 and September 2024. Part-time employment decreased by 119 000 quarter-on-quarter from 1 270 000 in June 2024 to 1 151 000 in September 2024. This was due to decreases in the following industries, community services 128 000, electricity and transport with 1000 each. Part-time employment decreased by 250 000 year-on-year,” says Director for Quarterly Employment Statistics at Stats SA Matlapane Masupye.
#ZAemployment || Total gross earnings paid to employees increased by 1,3%, totalling R966,3 billion in September 2024 compared to R954,1 billion in June 2024.
Read more here: https://t.co/kQJAOXmweJ#StatsSA #GovZAUpdates pic.twitter.com/67ONHrdmOb
— Stats SA (@StatsSA) December 12, 2024
VIDEO | Independent Economist says there has been a strong shift toward part-time employment.
#ZAemployment || Total employment in the formal non-agricultural sector decreased by 133 000 in the third quarter of 2024, bringing the level of employment to 10,6 million.
Read more here: https://t.co/kQJAOXlYpb#StatsSA #GovZAUpdates pic.twitter.com/NRbleYxDlT
— Stats SA (@StatsSA) December 12, 2024
