Magazine article African Business

Fewer People Employed in South Africa in 2010

Magazine article African Business

Fewer People Employed in South Africa in 2010

Article excerpt

The effects of the economic downturn could still be felt in 2010, with 395,000 fewer employed people in South Africa, says the government-run Statistics South Africa (Stats SA).

"On average, there were 13.1m people employed in 2010 compared with 13.5m in 2009, indicating that the country had not fully recovered from the economic recession experienced in 2009," reports Stats SA'sKefiloe Masiteng.

The parastatal's Labour Market Dynamics 2010 survey notes that employment contracted by 2.9% during 2010, with all industries losing jobs in 2010 with the exception of community and social services and transport. Utilities were worst off. Employment in the formal sector contracted by 3.5%, while employment in the informal sector grew by 1.4%.

According to the report, over 78% of the working age population comprises black people who make up only 69.3% of employed people. Whites, 9.8% of the working age population, constitute 15. …

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