PRETORIA, The number of people with jobs in the formal non-agricultural sector in South Africa fell by 48,000 in the first quarter of this year to 9.644 million from 9.692 million in the quarter to December 2016, reports Statistician-General Dr Pali Lehohla.
Releasing the latest Quarterly Employment Statistics (QES) here Tuesday, he said the main contributors to drop in employment were trade and business services. Quarterly employment declines were mainly driven by trade and finance and business services which lost 32,000 jobs and 23,000 respectively,” he added.
Additional job losses were also observed in community and social services with 8,000, manufacturing with 4,000 jobs and transport with 1,000 jobs.
Employment decreased by 58,000 year-on-year in March 2017 compared to March 2016. The largest contributors to the decrease were community services (- 57,000), transport services (- 18,000) and business services (- 13,000).
The statistics show an increase in employment in the construction industry with 12,000 jobs and mining industry with 8,000 (1.8%).
He reported that total earnings paid to employees also declined — by 19 billion Rand (one US dollar = about 13 Rand) to 588 billion Rand in March 2017. The survey results show a quarter-on-quarter increase of 0.8 per cent in average monthly earnings paid to employees in the formal non-agricultural sector from 18,536 Rand in November 2016 to 18,687 Rand in February 2017.
Year-on-year, average monthly earnings increased by 8.3 per cent.
Source: NAM NEWS NETWORK