• News
  • Sport
  • TV
  • Radio
  • Education
  • TV Licences
  • Contact Us
  • SOUTH AFRICA
  • POLITICS
  • BUSINESS
  • SPORT
  • AFRICA
  • WORLD
  • FEATURES
  • OPINION
No Result
View All Result
1
Home Business

SA still faces unemployment crisis: Analyst

31 May 2022, 4:00 PM  |
Naledi Ngcobo Naledi Ngcobo |  @SABCNews
[File Image] Job seekers stand outside a construction site.

[File Image] Job seekers stand outside a construction site.

Image: Reuters

[File Image] Job seekers stand outside a construction site.

Mining and labour analyst Mamokgethi Molopyane says while there have been some green shoots in labour market activity, South Africa still faces an unemployment crisis.

This as the latest numbers from Statistics South Africa show a reduction in the rate of unemployment from 35.3% in the third quarter of 2021, to 34.5% in the first quarter of 2022.

Statistics South Africa’s Quarterly Labour Force Survey indicates that 370 000 jobs were gained between the fourth quarter of 2021 and the first quarter of 2022.

VIDEO: Youth unemployment on the rise among those with post-matric qualifications

This means that the number of unemployed people now stands at 7 000 862.

45.5% of the labour force was without work in the first quarter, compared with 46.2% in the fourth quarter.

The biggest job gains were recorded in community and social services, manufacturing and trade.

Molopyane explains: “There might be glimmers of hope here and there, on individual sectors performing well here and there, but overall, South African is facing a crisis of a labour market that cannot create jobs. An economy that is struggling to create even the most basic of jobs, such that people who are on the lower levels of income are to enter the market. So for as long as the pandemic is here [and the country continues to] struggle with keeping power on, it’s going to affect key sectors.”

Analysis of the latest Stats SA unemployment numbers: Risenga Maluleka

Share article
Tags: UnemploymentYouth UnemploymentHigh unemploymentMamokgethi Molopyane
Previous Post

Petrol up by R2.43 per litre from midnight

Next Post

Second docket in Senzo Meyiwa’s murder takes center stage at trial

Related Posts

A shopper browses for fruits.

High cost of food unjustified: Competition Commission

28 March 2023, 9:54 PM
Sanral says it is increasing the toll gate tariffs by 5% across the country, in line with Consumer Price Index (CPI).

Cosatu, SACP threaten to intensify campaign to have tolls fees reduced

28 March 2023, 5:47 PM
Sugar Refinery

SA’s sugar industry struggles to recover

28 March 2023, 4:24 PM
South African unemployed people seen  the street.

Employment stats show short-term increase and long-term decrease

28 March 2023, 3:04 PM
Public servants seen gathering in Pretoria on 22 November 2022 where they handed over a memorandum of demands to National Treasury.

Public sector unions accept revised 7.5% wage increase

28 March 2023, 1:01 PM
A board on display at the Proudly SA Buy Local Summit and Exhibition at the Sandton Convention Centre on 27 March 2023.

Reliable, sustainable energy key to industrialisation: Ebrahim Patel

28 March 2023, 6:22 AM
Next Post
A journalist takes a picture of the accused in court.

Second docket in Senzo Meyiwa's murder takes center stage at trial

Most Viewed

  • 24hrs
  • Week
  • Month
  • ‘Medupi Power Station’s design ‘flaws’ deliberate to cost taxpayers money’
  • Zimbabwe Reserve Bank faces sanctions over money laundering accusations
  • Public sector unions accept revised 7.5% wage increase
  • Eskom signs three agreements for power purchase programmes
  • UJ, TUT named hubs of Artificial Intelligence
  • Corporates prepare for a possible national blackout
  • Unions set the record on wage settlement agreement reports
  • UPDATE | Court hears evidence regarding Zuma’s medical records
  • SABC News crew attacked on N2 while monitoring protests
  • Wits SRC sued
  • Public sector unions accept revised 7.5% wage increase
  • Six police officers arrested in Cape Town for corruption
  • Polokwane doctor allegedly kills wife then turns gun on himself
  • ‘ICC arrest warrant for Putin puts SA in precarious position’
  • Bafana Bafana qualify for 2023 Afcon

LATEST

Newly elected Tshwane Mayor Cilliers Brink.
  • Politics

We will give the new Tshwane mayor a chance to prove himself: ANC


A picture of jail bars at a police station.
  • South Africa

Parole hearing of convicted murderer Donovan Moodley to be heard


A gavel seen in the court of law.
  • South Africa

Mark Scott-Crossley back in court


A shopper browses for fruits.
  • Business

High cost of food unjustified: Competition Commission


Public Protector, Busisiwe Mkhwebane.
  • South Africa

Mkhwebane in support of non-binding findings from her office


President Cyril Ramaphosa in a community gathering at Port St Johns.
  • South Africa

Ramaphosa pledges assistance to Port St Johns flood victims


Weather

  • About the SABC
  • Contact Us
  • Jobs
  • Advertise
  • Disclaimer
  • Site Map

SABC © 2023

No Result
View All Result
  • SOUTH AFRICA
  • POLITICS
  • BUSINESS
  • SPORT
  • AFRICA
  • WORLD
  • FEATURES
  • OPINION

© 2023

Previous Petrol up by R2.43 per litre from midnight
Next Second docket in Senzo Meyiwa’s murder takes center stage at trial