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As measured by Stats SA’s household-based Quarterly Labour Force Survey (QLFS), total employment fell by 0.4% (54 000) q/q in 2Q21 but was 5.6% (793 000) higher than the same quarter in 2020. To isolate the impact of last year’s lockdown-induced base effect, we look at the level of employment compared to 2Q19, which shows that employment was still 8.4% (1.4 million) lower.
The results of both the first and second quarter of 2021 agriculture export performance reflects the resilience of the sector despite the ongoing Covid-19 related challenges across the globe.
Renowned economic advisor Dr Roelof Botha was hosted on 17 August, in a webinar presented by the South African United Employers Organisation (SAUEO) and The Game Influencers (TGI), to offer a business intervention that intends to move business from uncertainty to limitless possibility.
Consumer price inflation increased by 4.6% year-on-year as at the end of July 2021, which decreased from the 4.9% year-on-year increase from the previous month. An inflation increase near the mid-point of the target band is aligned with the goal of the South African Reserve Bank and should reduce pressure to increase short-term interest rates.
The strongest deterrent against FSP compliance missteps is or should be: