Formal sector jobs still fragile, despite marginal third-quarter uptick

Formal-sector, non-farm jobs and earnings remain fragile and point to more tough times ahead for households, despite an incremental recovery in the third quarter when SA’s economy opened further.

Stats SA’s latest quarterly employment statistics (QES) for July-September showed that formal-sector jobs increased by 75,000, or just 0.8%, from the second quarter, when SA was in a hard lockdown and these jobs declined 6.4%.  ..

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