Zuma admits jobs target won't be met

President Jacob Zuma says the government's goal of 5 million jobs is unlikely to be achieved due to the global economic slowdown.

• SA's labour productivity at 40-year low
• Manuel: Too many caught in debt trap
• Zuma: SA must work harder to create jobs

ICT industry pledges million jobs

A jobs compact has been signed committing the ICT industry to creating a million jobs and complete broadband coverage by 2020.

• SA's jobless rate rises again
• SA continues to shed low-skilled jobs
• Number of employed up slightly

Fears about ‘soft patch’

In June this year the unemployment rate in the United States rose to 9,2% from 9,1% in May. That was worse than market expectations for the rate to remain unchanged.

• Soft patch
• Make tip-offs part of the culture
• Almost there

Jobs in non-agricultural sector fall

Employment in the formal non-agricultural business sector has decreased between the quarters ended December 2009 and March 2010, Statistics SA says.

• SA's plan to get people working
• Govt bosses get jobs targets
• Zuma admits more jobs may be lost

Employment falls as Cup projects end

Employment dived sharply between April and May, exacerbated by a decline in the construction and trade sectors, a new survey shows.

• SA's plan to get people working
• Zuma admits more jobs may be lost
• Govt bosses get jobs targets

Still cause for concern

THE UNEMPLOYMENT RATE in the United States dropped and the number of jobs created in the economy in May rose, but that was expected – mainly due to extraordinary factors relating to government employment. The underlying situation for the US private sector isn’t as strong as many in the markets had hoped. Expectations are that US interest rates – currently close to zero – will rise only once employment has risen meaningfully.