For more than three decades, the South African economy has had very high rates of joblessness. The country’s economy has been unable to create enough jobs for its growing army of workers. This has partly been because of the stagnant economic growth rate of only 1,7% during the 2010s (it was even lower at 0,9% between 2015 and 2019).
Another factor that limited the economy’s capacity to create jobs at a rapid enough pace to absorb new job seekers and previously employed people was the impact of restrictions imposed during the coronavirus (COVID-19) pandemic. Compared with the global financial crisis of 2008/9, the impact was much greater. Then, about 600 000 jobs were lost in South Africa. During the COVID-19 restrictions there were a staggering 1,5 million job losses.
We examined the labour market during the lockdown period. We compared data from 2020’s first quarter with data from 2022’s second quarter, obtained from the Quarterly Labour Force Survey data released by Statistics South Africa. The survey done for 2020’s first quarter was the last one before the pandemic hit the country. The 2022 second-quarter survey took place just before all the remaining lockdown restrictions were abolished.
To complement the findings of this study, we also analysed the most recently released 2023 third-quarter survey data to find out whether the most vulnerable groups had recovered and whether their labour market outcomes had at least returned to pre-COVID-19 levels.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Understanding eye conditions in horses: causes and first aid
A horse can get a swollen eye from bumping it against a tree, shaking its head to keep flies away, or even snake venom
IPM requires a completely different mindset
You need to investigate any beneficial insects that may appear on your plants, or you can purchase them
Does parrot farming protect wild species?
Those in favour of commercial captive breeding argue that breeding parrots to sell can relieve pressure on wild populations. Researchers Neil D'Cruze and Rowan Martin review the evidence.
Bacterial and fungal diseases of garlic
Garlic can be prone to bacterial and fungal diseases, and it's important that farmers are proactive in preventing infection and practise appropriate management. Magda du Toit reports.
Responsible wastewater management: a crucial part of farming
The inadequate management of waste water is a challenge that the agriculture sector needs to deal with. Magda du Toit spoke to experts in waste and water management about a cost-effective treatment system.
Technology that can help protect South Africa's farms
Farm attacks, murders, livestock and crop theft, and other rural crimes are a growing concern in South Africa. As a result, more and more farmers are turning to advanced security technology to protect their lives, properties, and livelihoods. Sinenhlanhla Mncwango spoke to experts about the security strategies that producers can adopt to combat these threats.
The impact of theft on farms in South Africa
A high number of livestock are being stolen every year in South Africa. Insurance is expensive and farmers are battling to find solutions to the problem, says Dr Lindie von Maltitz, agricultural economics lecturer in the Faculty of Natural and Agricultural Sciences at the University of the Free State.
Staying afloat amid the cost-price squeeze
John Hudson, head of agriculture at Nedbank Commercial Banking, spoke to Glenneis Kriel about the importance of environmental and social sustainability for a prosperous agriculture sector.
Free State has no reason to mark Transport Month
Free State Agriculture (FSA) is very concerned about the extremely poor state of rural paved and gravel roads in the province and has very little, if anything, to celebrate during Transport Month, which takes place every October.
SA's food system ‘vulnerable to climate change'
The Just Transition Agenda for Food System Policymaking in SA webinar, hosted by the Institute for Economic Justice (IEJ) in October, highlighted the role that South Africa’s food system plays in contributing to climate change and how vulnerable it is to the impact thereof.
