Growth in bank accounts
Between 2004 and 2005, the number of South Africans with a bank account rose by approximately 550,000, or 4%, but… Read More
Fact-a-day archive
Unemployment rates
26% of economically active South Africans of working age are unemployed on the official definition, and 41% are unemployed on… Read More
Self-employment
There are almost 1.9 million self-employed people in South Africa. 68% work in the informal sector (Labour Force Survey 2004)… Read More
Informal sector
The informal sector accounts for over 20% of employment, at 2.45m workers (Labour Force Survey 2004) This week’s theme: Employment… Read More
Unemployment amongst young adults
Almost 80% of the unemployed under the age of 30 have never worked before (Labour Force Survey 2004) This week’s… Read More
Low income in the formal and informal sector
70% of those employed in the informal sector earn R1,000 or less per month compared with 20% of those in… Read More