Jobless rate rises again

2011-05-03 12:45

Johannesburg - The unemployment rate increased by 1% to 25% between the fourth quarter of 2010 and first quarter in 2011, Statistics SA said on Tuesday.

"The unemployment rate increased by one percentage point between Q4: 2010 (24%) and Q1: 2011 (25%)." Stats SA said in its labour force survey for the first quarter of 2011.

There was an increase of 3.4% (or 486 000) in the number of persons not economically active. Of these 353 000 were discouraged work-seekers.

The agency said the number of unemployed people increased by 227 000 between the fourth quarter of 2010 and the first quarter of 2011.During the same period, the number of discouraged work-seekers increased by 73 000.

In this time, the number of people in the labour force increased by 213 000.

The formal sector gained 56 000 jobs and the informal sector lost 46 000 jobs in this quarter. Agriculture lost 24 000 jobs and employment in private households remained almost unchanged.

  • n s - 2011-05-03 13:07

    If we wait long enough we will have more jobs, JZ said so. Just vote and wait, vote and wait...

  • Micsin - 2011-05-03 13:39

    This is the reason why interest must not be increased,this will kill the fragile economy.rates should be decreased to accomodate the weak economy, which will trigger gowth which will decrease unemployment.This number is disgusting and drastic measures need to be taken!!

  • BUSINESSMAN - 2011-05-03 13:46

    I would just like to know - how does the government expect jobs to be created: 1. when petrol and food prices just keep rising; 2. when we keep having to pay more and more on nonsense like toll roads; 3. when taxes keep going up (with only a small portion of the population paying anyway); 4. when BBE and affirmative action limits the people we are allowed to involve in business; 5. when we are going to be spending much more on health care and most likely lose deductions because of the NHI; 6. when insurance costs increase because of having to insure against crime, CPA liability etc; just to name a few! How can they expect us to be able to create jobs when it is getting more and more expensive just to make your own ends meet?

  • Judith - 2011-05-03 13:47

    We have had the worst month this year to date and January was no party. Doing business in SA is not easy and creating jobs is a real challenge

  • PMG - 2011-05-03 13:48

    Dont despair - Jacop promised millions of jobs foe everyone.

  • Nasdaq7 - 2011-05-03 14:08

    Let me try and guess where the problem lies: Electricity prices have almost doubled. Petrol prices have almost doubled. Municipal taxes have almost doubled. Those 3 factors play a direct role in employment and how much people can spend.

  • Matt - 2011-05-03 14:11

    Lets quickly nationalise the mines now and cause the whole economy to collapse

  • Buzzbar - 2011-05-03 14:32

    Where are the 500 000 new jobs president Zuma ?

      Rapier - 2011-05-04 09:08

      He actually said 5 000 000 the last time around.....any more offers on what the next one will be before May Day 18th. Inept government. Inept results.

  • Julius - 2011-05-03 15:42

    See ! no one must accuse the anc of doing nothing in the past 17 years. They have destroyed the future of all

  • michaelp1 - 2011-05-03 16:44

    COSATU is to blame for at least 75% of unemployment

  • MnrFotograaf - 2011-05-03 18:26

    Now what is the real figures as the officials ones can never be trusted?

  • Zebelon - 2011-05-04 12:18

    The ANC keeps telling a big lie that jobs will icrease by 5million in 5 years. They can go to any length to gain supporters.

  • Zebelon - 2011-05-04 12:21

    The ANC keeps telling a big lie that jobs will icrease by 500 000 in 5 years. They can go to any length to gain supporters.

  • willem.olivier - 2011-05-04 12:35

    The construction sector is one, if not the biggest, job creator. Just a pity that we had to deal with a 17% minimum wage hike last year. So now our minimum wage stands at R17.43, now include all the other add-ons like UIF, disability,etc. And our general workers costs us R22/hour. I know it might not sound like a lot. But times this by 10hours per day and then by about 40 general workers on a decent site. The costs just adds up. During this recession our turnovers decreased dramatically, but your labour resource cost's increase by 17%. The unions are hurting our country.

  • Louis - 2011-05-30 14:58

    Sorry JZ, I closed my company as the countries BBBEE requirements makes it impossible for a small company without a black partner to survive in a world where only BBBEE tenders are considered for local government. To the 20 guys that lost their jobs I can only say "keep on voting for the ANC as they are still making the right promises" Who is John Galt? Read [if you can] the book "Atlas shrugged" by Ayn Rand then you will understand what needs to happen in South Africa to creat jobs. To create jobs we must 1st get rid of all the looters and that we can only do by withdrawing our creative minds fom this society. On their own the looters cannot survive as they cannot create but consume.

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