ECONOMIC WEEK AHEAD: Third quarter labour force survey and Absa PMI to take centre stage

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South Africa Headlines News

Labour force survey to be released amid new Covid-19 variant, which has a potential to undermine SA’s economic recovery and jobs prospects

The state of the labour market will be laid bare when Stats SA releases its third-quarter labour force survey on Tuesday, which will also indicate the extent to which the civil unrest in July has had an impact on the unemployment rate, which reached a record high in the second quarter at 34.4%.

The survey will be released against the backdrop of the new Covid-19 variant, which has a potential to undermine SA’s economic recovery and jobs prospects. ..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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