EMPLOYMENT
Cape Town’s surge in jobs defies drought
Employment in the metro grows 4.8% year on year, according to the Quarterly Labour Force Survey
Despite a crippling drought, which saw Cape Town come close to running out of water, employment in the city grew nearly 5% over the past year. Employment in the metro grew 4.8% year on year, according to the Quarterly Labour Force Survey for the second quarter released by Statistics SA earlier this week. In terms of the number of jobs, this was the second-largest growth among the eight metros in the country, with 74,000 jobs year on year. It was surpassed only by Johannesburg, which added 86,000 jobs. Economist Mike Schussler said Cape Town’s growth was "almost unbelievable", given the drought and the political instability in the metro. "Cape Town’s growing employment is a testament to the city’s efforts to create an enabling environment for businesses to invest and to create new jobs – despite many challenges, including the drought and the crippling Metrorail service interruptions," mayor Patricia de Lille said on Thursday. Out of the 74,000 jobs created in Cape Town, the formal se...
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