Marginal improvement in employment figures for third quarter: Stats SA

Statistics South Africa says there’s a marginal improvement in the employment figures for the third quarter of this year. The figures that it has just released show that total employment increased by 10 000 in the business services sector, trade, construction and mining sectors.

Economists were expecting a pick up in non-agricultural employment in the third quarter following a better-than-expected third-quarter Gross Domestic Product figure. Employment numbers fell sharply in the second quarter.

South African #wholesale trade sales increased by 0,6% y/y in October. Sales decreased by 0,2% in October 2022 compared with September 2022.

Read more here: https://t.co/iZfPGTW4yJ#StatsSA pic.twitter.com/eBrg7Bp59l

— Stats SA (@StatsSA) December 15, 2022

There was a decrease of 49 000 in the community services industry.

Read more here: https://t.co/m8xVyrH2ry#StatsSA #employment #unemployment pic.twitter.com/jYh8Wml4lb

— Stats SA (@StatsSA) December 15, 2022

Total #employment in the formal non-agricultural sector increased by 10 000 in Q3:2022, bringing the level of total employment to approximately 10 million.

Read more here: https://t.co/m8xVyrGuC0#StatsSA pic.twitter.com/7E7yEXnMi5

— Stats SA (@StatsSA) December 15, 2022

Economists were expecting a pickup in non-agricultural employment in the third quarter following a better-than-expected third-quarter Gross Domestic Product figure.

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