By Akani Nkuna
The government has welcomed the 0.4% quarter-on-quarter employment growth in the formal non-agricultural sector for the second quarter of the year.
“This growth bears testament to the government’s commitment made during the State of the Nation Address in February to ensure positive economic growth that will encourage business development and provide more employment opportunities,” GCIS acting director-general Nomonde Mnukwa said on Friday.
On Thursday, Stats SA reported a notable expansion in community services employment, rising to 10,716,000 in June 2024 from 10,674,000 in March 2024
However, there was a reported decrease in growth by 39,000 for full-time employment, and a quarterly increase by 81,000 for part-time employment.
Generally, total employment decreased by 144 000 year-on-year between June 2023 and June 2024
“The positive developments mean that the government’s structural reforms are unlocking the bottlenecks and removing red tape to drive inclusive growth and job creation,” said Mnukwa said in a statement.
“South Africa’s business-friendly approach paves a positive sentiment, signalling that South Africa is becoming more and more of an investment destination.”
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