Wednesday, November 13, 2024
Deputy Minister in the Presidency, Nonceba Mhlauli, has welcomed the results of the Quarterly Labour Force Survey for the third quarter of 2024.
The results were released by Statistics South Africa (Stats SA) on Tuesday.
The survey revealed a positive trend in the South African labour force, with a decline in the unemployment rate.
The official unemployment rate decreased to 32.1% in the third quarter of 2024, down from 33.5% in the previous quarter.
The number of employed people increased by 294 000 to 16.9 million. The number of unemployed people decreased by 373 000 to 8.0 million.
The results also indicate that the largest increases in employment were observed in Eastern Cape (83 000), Western Cape (75 000), Northwest (69 000) and Mpumalanga (49 000).
Importantly, the total number of unemployed youth (age 15-34) decreased by 171 000 to 4.8 million, while employed youth recorded an increase of 66 000 to 5.8 million.
As a result, youth unemployment rate decreased from 46.6% in the second quarter of 2024 to 45.5% in the third quarter of 2024. Community and social services, construction, and trade sectors recorded significant job growth.
“This marks a significant step forward for our economy. The decline in the unemployment rate is a testament to the hard work and dedication of our government working with all relevant stakeholders,” Mhlauli said.
“The Economic Recovery and Reconstruction Plan and Operation Vulindlela initiated by President Ramaphosa have been instrumental in driving economic growth and job creation. We are pleased to see these efforts yielding positive results,” she said.
Government says it will continue to monitor the labour market and provide the necessary support to Stats SA to continue releasing reliable statistical data for all. – SAnews.gov.za
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Trixiephany
Olympic sailing competition just finished. France got the gold, South Africa got the silver, and … Somalia got the boat.
Blade
A baby was born in South Africa. The village was very poor, and the makeshift hospital didn\’t have some necessary equipment.. such as scales.
The father however, was desperate to know the newborn baby\’s weight. After quite a bit of asking around, the hospital\’s chairman came up with an idea.
\”Five miles west, there\’s a butcher shop. The owner deals with meat, he should have a rather precise scale. You could just put your baby on the meat scale, and the weight reading you\’ll get should be pretty accurate.\”
And so the father departed westward. After much walking, with his newborn child cardled safely in his arms, he finally arrived at the butcher shop. He explained his dilemma to the shop owner, to witch the latter replied:
\”Don\’t worry, friend. It\’s not even a problem, I\’ll check it for you, free of charge.\” And so he took the child to the back, where the scale was located.
The father heard rumbling noises, and some scraping.. About a minute later the butcher came back.
\”About three pounds boneless\” He said.