Government welcomes the quarterly Labour Force Survey Results
24 August 2022
Government welcomes the quarterly labour force survey results which show a slight but significant decrease in the rate of unemployment in the country. In terms of the latest data the official unemployment rate decreased by 0.6% from 34.5% in the first quarter of 2022 to 33.9% in the second quarter.
Statistics South Africa (Stats SA) yesterday unveiled the results of the Quarterly Labour Force Survey (QLFS) for the second quarter of 2022, which showed that the biggest job gains were recorded in Community and Social Services (276,000), Trade (169,000), Finance (128,000) and Construction (104,000). However, there were notable job losses in Manufacturing (73,000) and Transport (54,000). The total number of persons employed was 15.6 million in the second quarter of 2022.
While welcoming this major step forward, the Director General of GCIS, Ms Phumla Williams said that the challenge of unemployment, especially among the youth and women remain a major concern. “The 648,000 jobs that were gained between the first quarter of 2022 and the second quarter of 2022 point to a resilient economy showing signs of recovery in the labour market post the Covid-19 pandemic. This is encouraging, however, we cannot be blind to the fact that more still needs to be done to improve the situation even further,” said Ms Phumla Williams.
Government will continue to intensify its employment initiatives and the continued recovery of the economy through the Economic Reconstruction and Recovery Plan. Of concern is that the quarterly labour force survey revealed that nearly half of South African women were out of the labour force. In 2022, 47,0% of South African women were recorded as economically inactive which means that almost half of the working age women in South Africa are out of labour force compared to 35,6% of their male counterparts. Most women were also considered to be in vulnerable employment with low income and low productivity jobs; more men were absorbed compared to women. The current unemployment rate for women is 35.5% compared to 32.6% for men.