Nonagricultural employment in SA improved by 0.8% year on year in the first quarter, with employers adding 76,000 staff to their payrolls.
Sanlib chief economist Kevin Lings, however, has noted that this improvement is modest relative to the growth in SA’s labour force, which increased by about 600, 000 people over the past year. So with a growing workforce and a lack of substantial job gains in an economy where growth is stagnant and companies are focused on cost containment measures.
Business Day TV posed this to a panel of experts, which included Econometrix chief economist Azar Jammine; Business Leadership SA COO Busi Mavuso and Numsa spokesperson Phakamile Hlubi-Majola.
Source: News Formal (newsformal.com)
Well, it's actually not that difficult a problem. But of course it will never get solved..
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: eNCA - 🏆 49. / 51 Read more »
Source: IOL - 🏆 46. / 51 Read more »
WATCH LIVE | State capture: BNP Capital's Daniel Mahlangu continues his testimonyThe Zondo commission into state capture will continue with the testimony of Daniel Mahlangu, the director of BNP Capital, on Friday.
Source: TimesLIVE - 🏆 28. / 59 Read more »
WATCH | Opposition MPLs walk out of KZN legislature, protesting Jacob Zuma's presenceFormer president Jacob Zuma’s attendance at the state of the province address in the KwaZulu-Natal legislature in Pietermaritzburg caused a stir on Friday, causing DA and EFF MPLs to walk out. Ko gore o batlang This old man is boring maan,he likes controversy yeeeerrrr
Source: SowetanLIVE - 🏆 13. / 63 Read more »
WATCH: Stock pick — long oilViv Govender from Rand Swiss Offshore talks to Business Day TV about his stock option for the day
Source: BDliveSA - 🏆 12. / 63 Read more »
WATCH | The night the wheels came off: six stolen while driver sleptIt 'hurts' your heart. As awful as this is I'm grateful they did not harm the truck driver while he was asleep and pleased he checked his vehicle before driving off. South Africa. So then the truck is comfortable mos, if 1. Lift/jack one side & the driver doesnt feel a thing Or 2. He was busy with a lady giving him a hell of a service and couldnt feel the wheels being stolen. Naaiwerk maak goeie truie, en lui tot 80k skade Mans mens en leens😂🤣😂bamaka!
Source: TimesLIVE - 🏆 28. / 59 Read more »