Businesses bleed jobs for third consecutive quarter

January 10, 2018

 

New figures from the QES showed that South Africa’s formal non-agricultural sector shed 31 000 jobs in the third quarter of 2017. With losses of 41 000 in March 2017 and 31 000 in June 2017, this marks the third straight quarter of job losses across South Africa.

 

The job market has experienced notable pressure in the last year, with 83 000 formal jobs lost from September 2016 to September 2017.

 

The greatest losses were repor