EMPLOYMENT ROSE 1.5 MLN IN SOUTH AFRICA BWTWEEN 2009 AND 2015

The number of people employed in South Africa rose from 14.2 million to 15.7 million between 200 and last year, says Statistics South Africa (Stats SA).

Releasing its Labour Market Dynamics Report for 2009-2015 at a media briefing here Tuesday, Statistician-General Pali Lehohla said the rise in employment levels resulted from increases in employment in eight of ten industries.

The biggest increase was seen in community and social services (737,000), finance (336,000) and construction (216,000). Between 2009 and 2015, employment levels in the formal sector of the economy rose by 968,000 to 10.9 million, while informal sector jobs rose from 2.2 million in 2009 to 2.6 million in 2015.

While the number of employed people has risen, the absorption rate of people into the labour market has not recovered to the pre-recession levels. According to the report, the absorption rate was 43.7 per cent in 2015, which was still 2.2 percentage points below the pre-recession high.

The report, which provides information on labour market trends from 2009 to 2015, highlighted the performance of the country’s labour market, including measures like unemployment, labour absorption and labour force participation rate.

The report noted that the official unemployment rate of 25.3 in 2015 is 1.6 per cent higher than in 2009. It said men, adults and those with experience were more likely to find work, while female youth with no experience were the least likely to find employment. “Men remain generally better off in the labour market than women,” said Lehohla.

Source: NAM NEWS NETWORK