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You are here: Home / News / Government welcomes increase in employment

Government welcomes increase in employment

15 November 2023 by Guest

Government welcomes increase in employment

Government has welcomed the results of the Quarterly Labour Force Survey (QLFS), which indicate that the number of employed persons increased by 399 000 to 16. 7 million in the third quarter of 2023, compared to 16. 3 million in the second quarter of 2023.

The results further show that the number of unemployed persons decreased by 72 000 to 7.8 million during the third quarter, a 0.9 % decrease in Quarter 3, compared to Quarter 2 of 2023.

“The Quarterly Labour Force Survey findings for the third quarter reflect a positive and encouraging trend for our nation’s labour force. The slight but notable increase in employment and decrease in unemployment rates reflect our concerted efforts to address the challenge of unemployment in the country.

“The results are a testament to the collaborative efforts of the public and private sectors, as well as the hard work and dedication of our citizens. These quarterly survey results underscore the progress we are making as a nation in addressing unemployment and fostering employment growth,” Minister in The Presidency Khumbudzo Ntshavheni said on Tuesday.

Ntshavheni said government is pleased with the promising findings of the third quarter, while at the same time, acknowledges that challenges persist, and there is more work that needs to be done.

“We will continue to implement policies that encourage investment, stimulate economic activity, and promote innovation, all of which contribute to sustained job creation,” the Minister said.

Ntshavheni said government’s commitment to creating a supportive and dynamic labour market remains steadfast. – SAnews.gov.za

nosihle
Wed, 11/15/2023 – 12:10

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Wednesday, November 15, 2023

Government has welcomed the results of the Quarterly Labour Force Survey (QLFS), which indicate that the number of employed persons increased by 399 000 to 16. 7 million in the third quarter of 2023, compared to 16. 3 million in the second quarter of 2023.

The results further exhibit that the number of unemployed persons decreased by 72 000 to 7.8 million during the third quarter, a 0.9 % decrease in Quarter 3, compared to Quarter 2 of 2023.

“The Quarterly Labour Force Survey findings for the third quarter reflect a positive and encouraging trend for our nation’s labour force. The slight but notable increase in employment and decrease in unemployment rates reflect our concerted efforts to address the challenge of unemployment in the country.

“The results are a testament to the collaborative efforts of the public and private sectors, as well as the hard work and dedication of our citizens. These quarterly survey results underscore the progress we are making as a nation in addressing unemployment and fostering employment growth,” Minister in The Presidency Khumbudzo Ntshavheni said on Tuesday.

Ntshavheni said government is pleased with the promising findings of the third quarter, while at the same time, acknowledges that challenges persist, and there is more work that needs to be done.

“We will continue to implement policies that encourage investment, stimulate economic activity, and promote innovation, every of which contribute to sustained job creation,” the Minister said.

Ntshavheni said government’s commitment to creating a supportive and dynamic labour market remains steadfast. – SAnews.gov.za

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