News Leader
WATCH: What can be done to address SA’s unemployment crisis
Business Day TV talks to Econometrix chief economist Azar Jammine, Business Leadership SA COO Busi Mavuso and Numsa spokesperson Phakamile Hlubi-Majola
26 June 2019 - 07:54
Nonagricultural employment in SA improved by 0.8% year on year in the first quarter, with employers adding 76,000 staff to their payrolls.
Sanlib chief economist Kevin Lings, however, has noted that this improvement is modest relative to the growth in SA’s labour force, which increased by about 600, 000 people over the past year. So with a growing workforce and a lack of substantial job gains in an economy where growth is stagnant and companies are focused on cost containment measures...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.