Employment and gross earnings decrease in first quarter: Stats SA
Stats SA announced on Tuesday that total employment in South Africa decreased by 21,000 or 0.2% between the fourth quarter of 2022 and the first quarter of 2023.
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Stats SA announced on Tuesday that total employment in South Africa decreased by 21,000 or 0.2% between the fourth quarter of 2022 and the first quarter of 2023.
While there has been a general decline in jobs across many sectors, the community services sector recorded employment gains.
Stats SA says consumer inflation cooled for the second time, edging down to 6.3% in May, down from the previous months' 6.8%.
“The gains we have seen in a number of sectors tell us we are rebuilding our economy and we must keep working together as a nation to build on the growth we are experiencing."
According to the latest data from Stats SA, the economy rebounded to pre-COVID levels despite agressive power cuts and rising inflation.