Loading...
See More

More jobs created in December

Jan 10 2012 11:01 Sapa

Related Articles

Jobs to go in airline takeover

SA sees slow rise in formal jobs

Sappi may cut jobs in restructuring

Informal sector spurs jobs growth

Pick n Pay backs down on job cuts

Beneficiation not a job creator

 

Johannesburg - Over 100 000 new jobs were created in December 2011, with temporary work growing the fastest, according to the Adcorp Employment Index released on Tuesday.

"A total of 103 327 new jobs were created in December 2011 - the fastest rate of growth in nine months," Adcorp said in a statement.

All employment categories reported growth in December, with the fastest being temporary work (15%) and permanent jobs (6%), said Adcorp labour market analyst Loane Sharp.

He said labour agency work lagged behind with a growth rate of 5%, "possibly reflecting regulative and regulatory uncertainties regarding labour broking".

However, the number of jobs in South Africa was still 850 000 below the peak reached before the 2009 recession.

The country had lost 1.56 million permanent jobs and created 0.71 million temporary jobs since then, Sharp said.

In December, the distribution and logistics sector grew significantly at 16%, as did the financial services (9%) and retail (8%) sectors.

The index found that no sectors had reported a decline in employment.

Job growth was fastest in the low-skilled and semi-skilled job categories.

Services workers grew at a rate of 11%, clerks at 10% and elementary occupations at 8%.

"This is the first time since the 2009 recession that employment growth has been observed in the entry-level occupations," said Sharp.

 
good news  |  unemployment  |  sa economy  |  job creation
NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
3 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

Small Business

Retailers of any shape and size can now unlock the power of mobile transacting.
 
 

Thirty and still single? There’s hope!

Are you thirty and still single, without even a hint of a prospect on the horizon? Then read this!

 
 

Men24.com

SA’s Playboy Playmate of the year in action!
12 lies everyone accepts as fact
Hottie of the day: Charlotte
Breakup text goes viral and it’s hilarious!

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...