Monday 13 January 2014

Adcorp reports uptick in permanent employment for first time in 16 months


adcorpindex100The South African economy created 23,861 jobs across the formal and informal sector in the last two months of 2013, according to the latest Adcorp employment index, released on Monday.  Although most of those jobs were created in the informal sector, permanent jobs in the formal sector showed growth for the first time in 16 months.  The informal sector created 12,722 jobs during November and December, while there were 5,271 new formal-sector permanent jobs and almost 6,000 new temporary jobs.  The construction and transport sectors added jobs, while the financial sector and mining shed workers.  Adcorp labour market economist Loane Sharp said Adcorp had also examined the effect of immigration and emigration.  This showed that about 359,000 highly skilled South Africans had returned from foreign work assignments since the global financial crisis in 2008.  Sharp said SA sat with about 829,000 unfilled vacancies because of a "consistent shortage of high-skilled workers", while the supply of such foreign workers had been "negligible" due to "strict" immigration laws.

  • Read this report at BDLive
  • See too, Jobs 2013: Informal sector shows SA who's boss, at Mail & Guardian
  • And also, 350 000 'gesogte' SA emigrante keer terug, at Volksblad

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