SA employment decreases by 119 000 jobs in Q2.

Loading player...
South Africa’s formal, non-agricultural industries shed 119 000 jobs in the second quarter (Q2), down from 10 067 000 in March 2022 to 9 948 000 in June 2022, led largely by employment losses in the community services, business services and construction industries.
Statistics South Africa’s latest Quarterly Employment Statistics (QES) Report shows that employment in the community services industry dropped by 100 000 jobs, followed by businesses services which saw a decrease of 15 000 and construction which reported an employment drop of 13 000. Manufacturing had 12 000 less jobs, while the electricity industry lost 1 000 jobs in Q2.
Year on year, employment in the country only grew by 0.7%, a gain of 74 000 jobs between June 2021 and June 2022.
27 Sep 2022 8AM English South Africa Business News · Investing

Other recent episodes

SA's role in annual World Economic Forum meeting in Davos

At the World Economic Forum (WEF) in Davos this week, South Africa is presenting a pipeline of investment-ready infrastructure projects aimed at attracting global capital and long-term partnerships.Is it still useful for South Africa to be there, or would the effort be better spent fixing problems back home? Chief Economist…
19 Jan 1PM 19 min

Careers Corner: Job Guide for 2026

Pnet has released its latest Job Market Trends Report, including the Pnet Job Guide for 2026, revealing where joand Customer success at Pnet. Paul Byrne, Head of Insights, Customers Success at Pnet.
19 Jan 1PM 19 min

EXPLAINER - Why some sports stars are worth more than companies.

An 18-year-old footballer valued at more than R6 billion has reignited a global debate: how do we really put a price on modern sports stars? Following a new long-term contract at Barcelona, teenage sensation Lamine Yamal has been named the world’s most valuable footballer — outranking established global icons and…
15 Jan 3PM 22 min