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Newsletter: From Evidence to Action

Labour market dynamics in South Africa, 2014

Type :
Research reports & papers
Author :
Statistics South Africa
Published :
2015
Link :

The year 2014 marks the seventh Labour Market Dynamics Report in South Africa since the inception of the Quarterly Labour Force Survey (QLFS) in 2008. The report provides information on labour market trends over the period 2008–2014, with particular focus on labour market dynamics as provided for by QLFS panel data. Between 2008 and 2014, the number of employed persons increased from 14,6 million to 15,1 million; however, the number of unemployed persons increased from 4,3 million to 5,1 million, resulting in an increase in the unemployment rate from 22,5% in 2008 to 25,1% in 2014. In addition, the absorption rate in 2014 at 42,8% was still 3,1 percentage points below the peak reached in 2008.