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Unemployment eases as SA creates jobs

Johannesburg - At least 157 000 more jobs were created in the fourth quarter of 2010, slightly easing SA's high unemployment rate.

In the same period, the unemployment rate dropped by 1.3 percentage points to 24%, Statistics SA said on Tuesday. The unemployment rate was at 25% in the previous quarter.

The quarterly labour force survey showed that in spite of the drop, the total number of unemployed people remained high at 4.1 million.

Of concern is the fact that 68% of those who were jobless were in long-term unemployment, as they had been without work for a year or longer.

The unemployment rate for youth and women remained higher than the national average, Stats SA said.

Jobs were created in the formal sector, where employment increased by 1.3% or 120 000 jobs, and the informal sector, where employment went up by 2.4% or 71 000 jobs.

Agriculture lost jobs. The industries that contributed the most to employment were community and social services and manufacturing, which increased by 5.5% and 4.1% respectively, the survey showed.

Professional, managerial and technician occupations also recorded gains of 57 000, 55 000 and 51 000 jobs respectively.

The year-on-year estimates show that employment between 2009 and 2010 contracted by 1.2% or 118 000 jobs, Stats SA said.
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