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56 000 jobs created in Q1 of 2018

26 June 2018, 2:31 PM  |
SABC SABC |  @SABCNews
Job losses were recorded in three of the eight industries surveyed.

Job losses were recorded in three of the eight industries surveyed.

Image: SABC

Job losses were recorded in three of the eight industries surveyed.

South Africa’s economy created 56 000 jobs in the formal sector in the first three months of this year, bringing the total number of persons employed in the formal non-agricultural sector to 9.8 million.

The Quarterly Employment Statistics (QES) Survey, shows that construction and manufacturing industries added 12 000 and 9 000 respectively.

Moderate gains were also reported in the business services industry with a slight increase of four thousand jobs in the first quarter.

The stats agency in a statement said job losses were recorded in three of the eight industries surveyed, with the largest decline in the trade industry which shed 26 000 jobs.

Watch  related video below:

 

9,8m million people were #employed during Q1:2018, up by 0,6% compared with the previous quarter. Biggest gains were in the community services industry. #Trade recorded biggest job losses #StatsSA https://t.co/ofGfVusVXw pic.twitter.com/ldjc4UFIyy

— Stats SA (@StatsSA) June 26, 2018

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