A total of 103 327 new jobs were created in December 2011 – the fastest rate of growth in nine months, according to the Adcorp Employment Index, released yesterday.
Loane Sharp, labour market analyst at the human capital management group, Adcorp, says that all employment categories reported growth in December, the fastest being temporary work (15,1%) and permanent jobs (6,2%). Agency work lagged behind with a growth rate of 4,8%, “possibly reflecting regulative and regulatory uncertainties regarding labour broking”.
In spite of the improved statistics, Sharp points out that the number of jobs in South Africa is still 850 000 below the peak reached before the 2009 recession, since which time the economy has shed 1,56 million permanent jobs and created 0,71 million temporary jobs.
Read more: http://cbn.co.za/dailynews/5940.html
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