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Employment On the Up

| News by Staff Reporter

According to the deputy director general at Stats SA

“Between the third and fourth quarters of 2011, the number of unemployed persons decreased by 198,000,” said Stats SA deputy director general Kefiloe Masiteng..

The statistics firm said the number of unemployed South Africans fell to 23,9% between the third and fourth quarters of 2011.

This is down from 25% in the third quarter of 2011, the firm added.

Around 4,2-million South Africans are still unemployed, according to the statistics firm, of which 2,9-million (67,5%) had been job-hunting for a year or more. 60,6% of those looking for jobs did not have a matric certificate.

“This means they stand higher chances of remaining unemployed going into the future because of their levels of education,” said Masiteng.

She added that it appeared as though jobs had started to be created in 2011.

“There is a sense that the economy is growing and jobs are starting to be created.”

It should be noted, however, she said, that employment figures traditionally increase during the fourth quarter due to contractual work.

Source: www.bizpremises.co.za