South Africa’s formal economy contracts in 3Q24 amid job losses

December 12, 2024 By: 0 comments

<p><img src=”https://biz-file.com/c/2412/760819-208×117.jpg?8″ width=”208″ height=”117″ alt=”Source: Supplied. Koketso Mano, FNB senior economist.” align=”left”><br><span >Source: Supplied. Koketso Mano, FNB senior economist.&lt;/span><p>The formal non-agricultural sectors of the economy lost about 130,000 jobs in the third quarter of 2024, a 1.2% drop compared to the previous quarter, according to the latest Quarterly Employment Survey (QES).</p><br> <a href=”https://www.bizcommunity.com/article/south-africas-formal-economy-contracts-in-3q24-amid-job-losses-920924a”>Read more…</a> | <a href=”https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=254194″>Send to a friend</a></p><div style=”clear:left”></div>