Formal sector employment

Labour market challenges. Photo: Statistics South Africa Statistics South Africa has revealed that the country lost 74,000 formal sector jobs in the first quarter of 2025. According to Eyewitness News, employment dropped from 10.65 million in December 2024 to 10.58 million by March—a decline of 0.7%. Full-time positions fell by 55,000, while part-time roles declined by 19,000. The trade industry was hit hardest, accounting for approximately 70% of overall losses—around […]