Posts tagged with 'StatsSA'

 

The ANC can no longer rule South Africa – unemployment rate highest in 11 years and increased to 29,1%

Posted on Leave a comment

South Africa’s unemployment rate has increased by 0,1 of a percentage point to 29,1 percent in the third quarter compared to the second quarter, the highest it has been in 11 years.

Statistics South Africa (StatsSA) said on Tuesday that the number of employed persons increased by 62 000 while the number of unemployed persons increased by 78 000, resulting in an increase of 141 000 in the labour force.

The South African working-age population increased by 149 000 in the third quarter compared to the second quarter

There were approximately 10,3 million persons aged 15–24 years in the quarter, and 32.3 percent (or 3.3 million) of them were not in employment, education or training (NEET).

The number of discouraged work-seekers increased by 44 000 while the number of people who were not economically active for reasons other than discouragement decreased by 35 000 between the second and third quarters, resulting in a net increase of 9 000 in the not economic
Continue reading…

Share with friends on Social Media (if share buttons do not show below, disable your ad blocker temporarily):

Enjoyed this post? Share it!

 
 

Liquidations on the rise in South Africa – number of liquidations increased by 13.7% during the first seven months of 2019 with 183 business liquidation recorded in July

Posted on Leave a comment

South Africa recorded 183 business liquidations in July 2019, representing a 24.5% rise from 147 liquidations recorded a year ago, according to StatsSA.

The stats body said that 1,198 liquidations were recorded so far this year (January to July), higher than the 1,054 recorded in the same period last year.

The report found that the financing, insurance, real estate, business services sectors saw the most closures, followed by the trade, catering and accommodation sector.

Those in the financing, insurance, real estate and business services were most likely to file for insolvency in South Africa while those working in electricity, gas and water were the least likely to go insolvent.

The total number of liquidations increased by 13.7% during the first seven months of 2019 compared with the first seven months of 2018, StatsSA said.

The estimated number of insolvencies increased by 4.2% in the second quarter of 2019 compared with the se
Continue reading…

Share with friends on Social Media (if share buttons do not show below, disable your ad blocker temporarily):

Enjoyed this post? Share it!

 
 

Black African population is in the majority and constitutes approximately 81% of the total SA population -Population increases by 900 000 from 2018 and has risen to 58.8 million

Posted on Leave a comment

The South African population has risen to 58.8 million from 2018’s 57. 9 million, figures released by Statistics South Africa (StatsSA) Statistician General Risenga Maluleke have revealed.

The statistics are contained in the 2019 mid-year population estimates report released on Monday.

Of the 58.8 million, 51% are female while 49% are male.

Maluleke said births remained the main driver of population growth in South Africa. Population figures were also impacted by deaths and immigration.

The report reveals that by mid-2019, the country had recorded 1.2 million births, 200 000 net migration, while 500 000 deaths were recorded.

More than half the population, the report reveals, lives in Gauteng, Western Cape and KwaZulu-Natal.

About 15 million (25.8%) South Africans live in Gauteng. Just over 11 million (19.2%) people reside in KwaZulu-Natal while 6.8 million South Africans (11.6%) stay in the Western Cape.

Mid-year po
Continue reading…

Share with friends on Social Media (if share buttons do not show below, disable your ad blocker temporarily):

Enjoyed this post? Share it!