Trade and business services lost the most jobs in the first quarter
By Sunita Menon - Jun 27th 2017, 14:43
Employment levels fell in the first quarter of 2017, though mining and construction both showed increased.
Employment decreased by 48000 jobs in the first quarter compared with the previous quarter, from 9.692-million in December 2016 to 9.644-million in March 2017, Statistics SA’s quarterly employment statistics report showed on Tuesday.
This biggest drops came from trade, which shed 32,000 jobs, and business services, which shed 23,000 jobs.
Despite the drop, there were 12,000 mores jobs in construction and 8,000 more in mining.
Year-on-year, employment decreased by 0.6% or 58,000 jobs in March 2017 compared with March 2016.
Gross earnings paid to employees also decreased — falling by 3.2% or R19.3bn — due to decreases in the manufacturing, trade, community services, construction, transport and electricity industries.
Quarter-on-quarter, average monthly earnings paid to employees in the formal nonagricultural sector increased marginally, by 0.8%, from R18,536 in November 2016 to R18,687 in February 2017.© BusinessLIVE MMXVII
Trade body will have a bone to pick in poultry tarrif case
14/06/2019 - 09:30
Those with intimate knowledge of the tariff application say that ITAC's position is akin to a zero-sum game, where they may have to choose between exposing local poultry producers to cheap imports they cannot compete with, or raising consumer prices for poultry to impossibly high levels.
SA's first citrus shipment arrives in China
13/06/2019 - 15:39
The historic shipment of 5 200 tons of citrus in a breakbulk vessel has arrived at Shanghai Port in the People’s Republic of China.
The problem with influencer marketing
13/06/2019 - 15:16
Brands looking to embark on or develop an influencer marketing strategy need to think carefully about their choice of person and how believable the message is. That warning has been sounded by Anne Dolinschek, founder of specialist agency Nflu#ntial.
Increase in sales reflect stronger second quarter
13/06/2019 - 10:41
Data from Statistics South Africa (StatsSA) showed that retail sales in April increased 2.4percent year-on-year - the strongest gain in retail trade in six months, providing further evidence that the economy began the second quarter on a firmer footing following the first quarter’s 3.2percent plunge.
Retail sales jump in April, giving hope of avoiding a recession
12/06/2019 - 15:44
SA’s retail sales jumped 2.4% in April, led by clothing retailers, adding to hopes that a technical recession may be avoided in the second quarter.