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Thu, 17 May 2012: Adcorp Holdings Ltd (ADR)     Open: 2730    Close: 2730    Bid: 2730     Bid Volume:2757    Offer: 2740   Offer volume :700      High: 2750     Low: 2730     Volume: 7759     Value 21265343   pe   : 12.81     Move: 0  Move percentage:  0.00%  Trades   Number: 8  
Industry   News

AEI July 2011 

Salient features

  • Employment dropped sharply at an annual rate of 8.3% during June, the second consecutive monthly decline. This represents a loss of 127,100 permanent positions and 5,712 temporary positions. Even the agency work sector, which has contributed strongly to employment growth since 2000, was static
    during June. The only sector to grow was the unofficial sector, by 1,059 positions.
  • Employment grew substantially in the high-skilled management and professional services categories (21.9%), whereas employment declined sharply in the unskilled and semi-skilled categories (20.3%).
  • Based on our monitoring of trade union activities so far this year, we estimate that South Africa will lose 24.9 million days due to strikes and work stoppages in 2011 – an increase of 22% over 2010. Compared to recent years, where strike activity has been most aggressive in the government sector, the private sector is likely to account for 68% of all workdays lost this year.

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10 May 2012 - Number of SA jobs grows sharply – for the fourth consecutive month
Employment grew sharply, at an annualised 4.3% in April, representing the creation of 69 780 jobs during the month according to the latest Adcorp Employment Index. ...
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10 April 2012 - Employment grows steadily while union membership declines
A total of 108 826 jobs were created in March – a marked acceleration from the 24 000 jobs created in February and 80 000 jobs created in January, leading to the strongest monthly showing of job creation since the 2009 recession...
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12 March 2012 - New business start-ups slump to all-time low
The group’s February 2012 Employment Index highlights with alarm the closure of 440 000 small business closures over the past five years....
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                                COG                                          Grey Consulting