Fewer than 10-million people are formally employed out of a labour force of about 22-million
In a week of bumper economic data releases, the spotlight will be on the long-delayed employment data in the hopes that the economy’s robust first-quarter performance allowed for a pick up in job creation.
SA’s official unemployment rate increased to 35.3% in the last quarter of 2021 from 34.9% in the third quarter meaning that fewer than 10-million people are now formally employed out of a total labour force of about 22-million...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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