Finance sector saves the day as manufacturing and mining bleed jobs
Labour market shrugs off the weak economy, adding 2.4-million jobs over the past eight quarters
14 November 2023 - 15:29
UPDATED 14 November 2023 - 19:50
The finance sector created nearly 250,000 jobs in the third quarter of 2023, offsetting thousands of job losses in the manufacturing and mining sectors, further cementing the structural shift to a service-orientated economy.
SA’s mining industry has endured a torrid year amid many headwinds, most notably a plunge in commodity prices, an inefficient rail network that has curtailed exports and rolling power cuts...
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