Cape Town – Employment has increased by 39 000 or 0.4% quarter-on-quarter, from 10 039 000 in March 2023 to 10 078 000 in June 2023.
This is according to the latest Quarterly Employment Statistics report released by Statistics South Africa on Thursday.
The rise was driven by gains in community services, business services, mining, and electricity, but there were declines in manufacturing, transport, trade, and construction.
Year-on-year, total employment grew by 1.0% between June 2022 and June 2023. However, full-time employment decreased by 0.3% quarter-on-quarter due to declines in various sectors.
Part-time employment increased significantly by 5.2% quarter-on-quarter, with notable growth in community services, business services, construction, and electricity, but decreases in trade and transport. On a yearly basis, part-time employment rose by 13.2%.
The report also compared employment figures before and after the Covid-19 pandemic, revealing that three out of eight industries (mining, manufacturing, and community services) have returned to pre-pandemic employment levels.
Between March & June 2023, total (full- & part-time) employment rose by 0,4% or 39 000, reaching 10 078 000 employed people. Catch us on @Powerfm987 at 16:10 as we discuss the latest quarterly #employment statistics.
Read more here: https://t.co/8xc9jin95a#StatsSA pic.twitter.com/vsXe8UiOPs
— Stats SA (@StatsSA) September 28, 2023
“Gross earnings paid to employees increased by R3.6 billion or 0.4% from R828.7 billion in March 2023 to R832.4 billion in June 2023. This was largely due to increases in the following industries: community services, trade, transport, construction, manufacturing and mining. However, there were decreases in the following industries: business services and electricity.
“The year-on-year total gross earnings increased by R42.9 billion or 5.4% between June 2022 and June 2023,” StatsSA said.
Basic salary and wages paid to employees increased by 2.6% quarterly, primarily due to increases in community services, business services, trade, manufacturing, construction, transport, and mining. Bonuses paid to employees, however, decreased by 26.4% quarterly, with decreases in business services, manufacturing, community services, and electricity. Year-on-year, basic salary and wages increased by 5.4%.
Overtime paid to employees increased by 8.7% quarterly, mainly driven by gains in manufacturing, business services, transport, trade, construction, and electricity. Year-on-year, overtime payments increased by 10.1%.
Average monthly earnings showed a 2.8% quarterly increase and a 5.4% year-on-year increase.
Follow African Insider on Facebook, Twitter and Instagram
Picture: Pexels
For more African news, visit Africaninsider.com
Compiled by Betha Madhomu