Subscribe & Follow
Advertise your job vacancies
Trending
Jobs
- Regional Sales Manager Durban
- MW Art Director Cape Town
- Creative Director Sandton
- Sales Representative Johannesburg
- Junior to Mid-level Software Developers George
- Customer Journey Mapping - Manager Johannesburg
- Intermediate - Senior .NET Developer Cape Town
- Executive Personal Assistant George
- Sales Representative East Rand
- Customer Journey Mapping - Specialist Johannesburg
SA official unemployment rate eases to 23.9%
JOHANNESBURG: South Africa's unemployment rate fell 1.1 points to 23.9% in the fourth quarter of 2011, the government said on Tuesday, 7 February 2012, giving President Jacob Zuma some needed good news ahead of a key speech.
The economy created 180,000 jobs in the formal sector in the last three months of the year, Statistics South Africa said in a report.
But 111,000 jobless people gave up looking for work in the tough labour market, bringing the number of discouraged work-seekers to 2.2 million.
Of the 4.1 million officially unemployed people, those actively seeking a job, 67.5% have been looking for work for a year or more, the report said. South Africa has struggled to cut unemployment amid the global downturn despite rebounding in 2009 from its first recession since the end of apartheid in 1994.
Zuma named job creation a top priority in his state of the nation address last year, and will be under pressure to show results as he takes to the podium to deliver the annual speech again Thursday.
The government has pledged to create five million jobs and cut unemployment to 15% within a decade.
Source: AFP
Source: I-Net Bridge
For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.
We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.
Go to: http://www.inet.co.za