Jobs growth takes a knock
Johannesburg - Employment in South Africa dropped by an annualised
2.41% in November, the latest Adcorp Employment Index released on Friday
In October there was a 2.83% rise.
showed that the number of permanent workers fell by 2.74%, while the
number of temporary workers slipped by 1.60% and the number of agency
workers increased by 5.59% in November.
The estimated number of
agency workers in South Africa was revised upward by 10.6% during
November from 883 227 to 976 418, reflecting new data available from the
National Association of Bargaining Councils (NABC).
significant job losses (18 000) occurred in the manufacturing sector
and the financial services sector (7 000)," Adcorp said.
the major sectors, only retail and wholesale trade reported increased
employment (10 000), reflecting buoyant retail trade conditions related
to imported goods and a relatively strong real exchange rate, the group
It noted that analysis of the new data series made
available by the NABC and the Commission for Conciliation, Mediation and
Arbitration (CCMA) showed that there were about 100 000 more labour
broker workers than was previously estimated, and that 0.9% of labour
broker workers had referred labour disputes to the CCMA over the past
According to Adcorp's latest statistical estimates,
temporary employment agencies (labour brokers) represent 6.8% of total
employment in South Africa and 23.2% of the country's temporary and
Agency work is also the fastest-growing
segment of the South African labour market, with average annual growth
of 9.4% between 2000 and 2010, compared to 3.6% in non-agency temp work
and an average annual decline of 1.2% in permanent work.
survey of bargaining councils, the NABC estimates that there are 781 134
agency workers in the 14 identified bargaining councils in South
Africa," said Adcorp CEO Richard Pike.