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75 000 Jobs in First Quarter of 2012 – Survey

Wednesday, May 9, 2012 - 17:33
75 000 people lose their jobs in the first quarter in South Africa, labour force survey finds

The Statistics South Africa (Stats SA) has announced that the South Africa shed 75 000 jobs in the first quarter of 2012.

In its quarterly labour force survey, Stats SA says this was despite growth in the agricultural sector, which gained 26 000 jobs, and in private households, which created a 33 000 jobs during this quarter.

However, it says that the number of job losses were still down on the last quarter of 2011, when the formal sector shed 107 000 jobs. The survey further found that 28 000 jobs were lost in the informal sector in the first quarter of 2012.

To read the article titled, “SA lost 75 000 jobs in first quarter of 2012,” click here.

Source: 
Mail & Guardian