Why Are There Many Jobless People? Employment Statistics Says 8,951,000 Persons Were Recently Employed

Advertisement

Statistics South Africa published the September 2015 Quarterly Employment Statistics (QES) survey today on its site. One of the major findings of the survey is that “an estimated 8 951 000 persons were employed in the formal non-agricultural sector of the South African economy. This according to the publication, “reflected a quarterly increase of 7 000 employees (+0,1%) between June 2015 and September 2015 and an annual increase of 4 000 employees (0,0%) between September 2014 and September 2015.

Read Also: Hurray! South Africa Is The Most Corrupt Country In Africa, More Corrupt Than Nigeria And Ghana

The publication related further that “the quarterly increase was mainly due to increases in employment reported by business services (12 000 or 0,6%); trade (10 000 or 0,5%) and community services (8 000 or 0,3%).” While decrease were recorded in the mining and quarrying (-12 000 or -2,5%); manufacturing (-5 000 or -0,4%); construction (-5 000 or -1,0%) and transport (-1 000 or -0,2) industries, it was discovered that the electricity industry remained unchanged with 58,000 employees in the September 2015 quarter.

More so, it was revealed that the average monthly earnings which includes bonuses and overtime payments paid to employees in the formal non-agricultural sector increased by 3,5% between May 2015 and August 2015, and an annual increase of 6,2% between August 2014 and August 2015. As uncovered by the survey, “an estimated monthly average of R17 387 was paid to employees in the formal non-agricultural sector during August 2015.

In line with the increase in employment and average monthly earnings, the survey report noted that gross earnings increased between June and September 2015.

The total earnings paid to workers in the formal non-agricultural sector during the quarter which ended in September 2015 as stated by the report, “amounted to R495 billion” reflecting “a quarterly increase of R15,5 billion (+3,2%) compared with the quarter ended June 2015 and an annual increase of R30,8 billion (+6,6%) compared with the quarter ended September 2014.”



Acknowledging the sectors that contributed to the said increase, the report stated that;

The increase in gross earnings during the third quarter of 2015 compared with the second quarter of 2015 was mainly due to R5,5 billion (+3,5%) in the community, social and personal services industry; R5,4 billion (+4,6%) in the financial intermediation, insurance, real estate and business services industry; R1,8 billion (+3,3%) in the manufacturing industry; R1,5 billion (+5,4%) in the mining and quarrying industry; R616 million (+0,9%) in the wholesale and retail trade, repair of motor vehicles, motor cycles and personal and household goods, hotels and restaurants industry; R278 million (+0,9%) in the transport and communications industry; R211 million (+3,6%) in the electricity, gas and water supply industry and R192 million (+1,0%) in the construction industry.

Meanwhile the increase in total earnings paid to workers was broken down to represent the 8.1% increase recorded at the mining and quarrying industry, “the community, social and personal services industry (+6,8); the electricity, gas and water supply industry (+2,3%); the transport, storage and communication industry (+1,8%); the construction industry (+1,9%); the financial intermediation, insurance, real estate and business services industry (+1,4%); the wholesale and retail trade, repair of motor vehicles, motor cycles and personal and household goods, hotels and restaurants industry (+1,3%) and the manufacturing industry (+1,0%).

See Also: “History Will Judge Black People For Destroying The Successes Of The Afrikaners” – King Goodwill Zwelithini 

Topics: