Share

SA lost 69 000 jobs in second quarter - Stats SA

Employment in SA's non-agricultural formal sector dropped by 69 000 between March and June 2018, Statistics SA announced on Wednesday in its latest Quarterly Employment Statistics (QES) bulletin. 

The QES results are based on a sample survey conducted by Stats SA and include findings on employment in the non-agricultural formal sector. 

Stats SA reported that non-agricultural formal sector employment dropped from 9 817 000 in March 2018 to 9 748 000 in June 2018.

This was largely due to decreases in:

  • community services (-67 000 or -2.5%);
  • manufacturing (-13 000 or -1.1%);
  • mining and quarrying (-2 000 or -0.4%) and
  • transport (-2 000 or -0.4%).

Increased were reported in:

  • trade (7 000 or 0.3%);
  • business services (7 000 or 0.3%), and
  • construction (1 000 or 0.2%).

QES samples are drawn from private non-agricultural businesses such as factories, firms, offices, and stores, as well as from national, provincial and local government entities.

The QES bulletin is separate from the Quarterly Labour Force Survey, which is also published by Stats SA. While the labour force survey gives SA's official unemployment rate, the QES gives a snapshot of total non-agricultural formal sector employment. 

The QES bulletin does not provide an official unemployment rate. 

The decrease between March and June follows a quarter-on-quarter increase in the first quarter of 2018. Stats SA reported in June that SA had added 56 000 jobs between December 2017 and March 2018.

* Sign up to Fin24's top news in your inbox: SUBSCRIBE TO FIN24 NEWSLETTER

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.12
+0.4%
Rand - Pound
23.82
-0.5%
Rand - Euro
20.47
-0.1%
Rand - Aus dollar
12.41
-0.2%
Rand - Yen
0.12
+0.3%
Platinum
921.70
-1.0%
Palladium
1,029.00
+1.3%
Gold
2,326.87
0.0%
Silver
27.32
+0.5%
Brent Crude
87.00
-0.3%
Top 40
68,051
+0.8%
All Share
74,011
+0.6%
Resource 10
59,613
-2.2%
Industrial 25
102,806
+1.7%
Financial 15
15,897
+1.8%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders