Stats SAFin24 reports that according to data released by Statistics SA on Tuesday, employment shrank by 48,000 jobs during the first quarter of the year.

The decline was driven by decreases in trade (1.5% or 32,000 jobs), business services (1% or 23,000 jobs), community services (0.3% or 8,000 jobs), manufacturing (0.3% or 4,000 jobs) and transport (0.2% or 1,000 jobs).  Employment in the electricity industry remained unchanged.  Jobs increased in the construction industry (2% or 12,000) and mining (1.8% or 8,000 jobs).  Gross earnings paid to employees decreased from R607.3bn in December 2016 to R587.9bn in March 2017.

  • A short report by Lameez Omarjee is at here.