Showing posts with label survey. Show all posts
Showing posts with label survey. Show all posts

Wednesday, October 28, 2015

Positive indicators in job-loss statistics

The mining sector has surprisingly not recorded job losses in the third quarter, despite mining companies reporting jobs cuts over the period, according to unemployment figures released by Statistics SA on Tuesday.

Picture: THINKSTOCK
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The agriculture sector also unexpectedly added a significant number of jobs even after a severe drought earlier this year sharply curbed output.
But despite these positive indicators, unemployment still rose from 25% to 25.5% in the third quarter — indicating that 5.4-million people looking for work were unable to find any, the quarterly labour force survey showed on Tuesday.

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