South Africa Sheds 80,000 Formal Jobs in Q1 as Earnings Drop R43.4 Billion
Updated
Updated · eNCA · Jun 30
South Africa Sheds 80,000 Formal Jobs in Q1 as Earnings Drop R43.4 Billion
3 articles · Updated · eNCA · Jun 30
Summary
South Africa lost 80,000 formal non-agricultural jobs in the first quarter, leaving registered businesses and the public sector with 10.468 million workers.
Community services shed 53,000 jobs and trade lost 40,000, driving the decline as transport and electricity also came under pressure.
Full-time employment fell by 74,000 and part-time jobs by 56,000, showing the weakness spread across both work categories.
Gross earnings dropped R43.4 billion in the quarter, largely because bonuses were lower, though annual salary growth remained positive.