Jozi has created over 100 000 new jobs
7 August 2018
The City of Johannesburg has bucked the trend and created 109 000 new jobs in the first two quarters of 2018, reducing the expanded unemployment rate from 32.3% to 30.8%.
This comes after Stats SA released the Quarterly Labour Force Survey, which shows the national expanded unemployment rate has reached 37.2% in the second quarter of 2018, with the youth bearing the major brunt.
Stats SA reported that there were two consecutive quarters of job growth in Joburg.
“The two consecutive quarters of growth is positive news that the work of the multi-party government is beginning to generate the environment for job growth. It is positive especially to the nearly 900 000 people, many of whom are young people, who need hope of a better future,” said City of Johannesburg Executive Mayor Herman Mashaba.