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
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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