Is South Africa Facing a Jobs Recession?

Most job losses during August were in the formal sector, which shed 14,382 jobs as employment numbers fell for the third month.

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  • South Africa:  Nation Faces Jobs Recession - Adcorp

    South African Press Association, 10 September 2012

    South Africa faces a real prospect of a jobs recession, recruitment group Adcorp said on Monday, as employment numbers fell for the third month. read more »

According to the Adcorp Employment Index, employment fell at an annualised rate of 0.23 percent, following sharp declines of 3.1 percent in May, two percent in June, and stalled employment numbers in July.

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  • kjrs120
    Sep 10 2012, 22:06

    Is it possible that this "job decline" is the direct result of jobs going to illegals instead? There are thousands of illegals from Zimbabwe alone. How are they maintaining themselves if without work? See, it all rolls backwards to Robert Mugabe necessitating Zimbabweans to flee and also to Zuma himself for poo pooing Mugabe instead of standing firm and insisting that Mugabe honour the GPA so that free and fair elections can be had and all the Zimbabweans illegally in South Africa no longer having an excuse remaining there.