South Africa Employment Declines Further: 5 Scary Facts You Don’t Want To Know

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Those who have criticized President Jacob Zuma’s leadership have always referred to the declines in South Africa employment.

Now, the critics have been given more reasons to intensify their grilling of Mr Zuma as a man incapable of leading South Africa.

According to the Quarterly Labour Force Survey for the second quarter of 2017, South Africa employment has further declined amidst the calls for the creation of more jobs.

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As released by Statistics South Africa (Stats SA) the following are the latest facts about South Africa employment decline. They are frightening and would crush your hopes for things to get better.

1. 113,000 South Africans has attained the unemployed status 

Results of the 2017 second quarter survey showed that employment declined by 113,000. This implies that more South Africans are now unemployed.

Though South Africa employment declined by 113,000 to approximately 16.1 million, the unemployment rate remained unchanged at 27.7%. This is so because the number of job-seekers also declined by 37,000 to approximately 6.2 million.

Also, it was discovered that the absorption rate (employment to population ratio) declined by 0.4 percent to 43.3%.

2. The number of employed persons decreased in five of the nine provinces

Between the first and second quarter of 2017, the number of employed South Africansdecreased in five of the nine provinces.

While Limpopo and KwaZulu-Natal respectively recorded employment gains of 32,000 and 29,000, Gauteng and Eastern Cape recorded the biggest employment losses. The figures are respectively 143,000 and 26,000.



3. Eastern Cape has the highest annual increases in unemployment 

Again, the highest annual increases in unemployment rate were recorded in Eastern Cape (5.8 %), Mpumalanga (3.5%), Northern Cape (3.1%) and Free State (2.2 %). Also, the official unemployment rate increased by
1.1% year-on-year.

It was highlighted that the Western Cape and North West were the only provinces that recorded year-on-year declines in the unemployment rate.

4. The largest decreases were recorded in Construction

Six industries were responsible for the net quarterly decline in South Africa employment. From what we learnt, the largest decreases (110,000) were recorded in Construction and Agriculture (40,000).

Disregarding that, employment gains were observed in Trade (58,000), Finance (17,000), Manufacturing (10.000) and Utilities (2,000).

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5. 3.3 million young South Africans aged 15-24 are idle

The survey found that young South Africans aged 15-24 are vulnerable in the labour market. They have an unemployment rate of almost 56% and absorption rate of 12%.

It was highlighted that 32.2 percent of South Africans in the age group are not in employment, education or
training.

“…Approximately 3.3 million young people aged 15-24 … are idle. The expanded unemployment rate … includes an extra 3.1 million persons who were available to work but did not look for work during the reference period,” stated Stats SA.

Adding that the expanded unemployment rate increased by 0.2% to 36.6%, Stats SA specified that about 9.3 million South Africans willing to work couldn’t find a job.