SA employment decreases by 119 000 jobs in Q2.

South Africa’s formal, non-agricultural industries shed 119 000 jobs in the second quarter (Q2), down from 10 067 000 in March 2022 to 9 948 000 in June 2022, led largely by employment losses in the community services, business services and construction industries.
Statistics South Africa’s latest Quarterly Employment Statistics (QES) Report shows that employment in the community services industry dropped by 100 000 jobs, followed by businesses services which saw a decrease of 15 000 and construction which reported an employment drop of 13 000. Manufacturing had 12 000 less jobs, while the electricity industry lost 1 000 jobs in Q2.
Year on year, employment in the country only grew by 0.7%, a gain of 74 000 jobs between June 2021 and June 2022.