THE beleaguered mining sector shed 15,000 jobs in the third quarter, reflecting the extent to which the slowdown in global demand for commodities, coupled with disruptive wildcat strikes, had on the sector, a Statistics South Africa jobs survey released on Tuesday showed.
The job losses in mining do not bode well for South Africa’s already high unemployment rate of 25.5%.
But the September Quarterly Employment Statistics (QES) survey showed that the overall formal non-agricultural sector added 10,000 jobs in the third quarter. This brought the number of jobs in the sector to 8.44-million.
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via Mining bleeds 15,000 jobs in quarter | Economy | BDlive.
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