Fin24

SA creates 70 502 jobs in November

2012-12-06 10:33

Johannesburg – The Adcorp November employment index‚ released on Thursday‚ shows that during September‚ October and November the economy added 112 473 jobs – 70 502 in November alone – reversing the decline of 82 431 jobs in the four months to August. 

The index is regarded as the most representative monthly barometer of employment trends in SA‚ although its figures do not usually tally with those from SA’s official statistical agency‚ Statistics SA. 

Adcorp‚ a JSE-listed human capital management group‚ found that jobs growth occurred in all sectors but temporary work continued to outperform the other categories‚ growing at a rate of 43‚344 jobs during November. 

Strong growth of 7.4% was achieved in agency work - growth that Adcorp considers will probably continue as the economy ramps up for the year-end retail season. 

November saw the unofficial sector – the part of the economy that is not captured by official statistics – grow robustly‚ creating 25 161 jobs during November. 

The primary and secondary sectors – mining and manufacturing – continued to shed jobs‚ losing 31‚000 between them during the month. 

The tertiary sectors – mostly services – gained 40 000 jobs during the month‚ with a quarter having been created in the government sector. 

The strongest employment growth of 14.9% was in transport‚ followed by wholesale and retail trade (10.3%) and construction (7.0%).

 

Comments
  • nicrsa - 2012-12-06 11:00

    Well, some good news finally, hope those aren't cooked stats though

  • billyandrew.croucamp.5 - 2012-12-06 11:02

    What a pile of CRAP...The ANC what you to believe they are creating jobs......CRAP CRAP CRAP

      patrick.mampane - 2012-12-06 11:12

      Adcorp is an independent JSE listed group. How on earth does the ANC come in? You look like CRAP CRAP CRAP

      en.gineer.359 - 2012-12-06 11:15

      I'm sorry but you need to learn to read. This isn't a government agency. Few months ago when these people said the economy is LOSING jobs was that also a load of crap?

      rajesh.sukha - 2012-12-06 13:02

      Go back to school- you are obviously illiterate

      wwrer.ww - 2012-12-06 13:10

      Some of us are making money. Exports. While others bitch and moan.

  • vambozha.vanmutemi - 2012-12-06 11:12

    so thats 0.13% of the total population...and thats zero job per 100 people...using my own barometer

  • FloorWizPro - 2012-12-06 11:14

    Well, crap or not, I'm going to believe it. For two reasons, I know two people who found jobs while being on the precipice of being retrenched and secondly because I'm completely fed up with bad news, so even if completely made up, I'm willing to swallow it.

      wayne.debeer.52 - 2012-12-06 11:40

      I feel the same finally some good news

  • john.m.mcdowall - 2012-12-06 11:15

    I suppose they all were given a weed-eater and told to go out and cut the grass verges?

      lydonmcg - 2012-12-06 11:44

      As opposed to what...letting the grass verges grow out of control and you no doubt complaining about them not being given a weed-eater and told to go out and cut the grass verges?

  • corrupt.anc.3 - 2012-12-06 11:15

    Good news, if it is indeed true. I always treat such Government reports with scepticism. I wonder though how many jobs will have been destroyed with the mining, transport and farm worker protests of late? Many of their employers will not be able to afford higher salaries and jobs will be shed, not to mention as a result of losing customers because of non-delivery during the protest action.

  • anthony.okelly.98 - 2012-12-06 11:15

    With half a million school leavers now in the labour market, this figure means nothing.

      lydonmcg - 2012-12-06 11:45

      Means NOTHING? I'm sure 70 502 people would highly disagree with that idiotic comment.

      wwrer.ww - 2012-12-06 14:49

      The US adds 200,000 jobs a month. So 70,000 is not too bad for an economy the size of South Africa. US economy is $15000bn, ours is $500bn.

  • john.m.mcdowall - 2012-12-06 11:16

    Zooooma 'job creation' Yeah Yeah Yeah.

  • polya314 - 2012-12-06 11:28

    We all need a bit of good news. The ANC's ineptness aside.

  • megalos.savvas - 2012-12-06 11:35

    That's good , but let's see what happens after you get there vote

  • martin.brink.965 - 2012-12-06 11:43

    I was able to add 2 semi skilled people to my venture in the last 3 months, albeit unknown for how long, so I have hope that others have had the same opportunity. Its the only way to fight crime - crime is both the highest source of income for government and killer of hope for the citizens! We all must do what we can to take our country back from the brink of implosion.

  • Phil.Kleynhans - 2012-12-06 11:53

    How many other were payed off

  • theMichaelHawthorne - 2012-12-06 12:23

    What good is it when they pay you R4000 a month you can't even buy a car or house you can barely rent a place you need R25000 + a month minimum

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