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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

About the Index 

The most accurate and holistic barometer of employment trends

The Adcorp Employment Index was created in 2009, is released every quarter and is recognised as the most accurate and holistic barometer of employment trends in South Africa.

It looks at the many different forms of employment (permanent, temporary, fixed-term, flexible and seasonal), charts supply and demand, and covers macro-economic factors as well as the remuneration dynamics that impact the industry. The result is a scientifically validated and cross-referenced index that makes maximum use of the rich sources of data that Adcorp has access to by virtue of its dominant role in the recruitment market.

Although Adcorp is not fully representative of the South African economy, the index is nevertheless a reliable indication of overall trends. Moreover, the data that underpins the index is readily available (with little or no material delay in collection), reliable (it uses population measures rather than sample-survey methodologies) and is calculated on a monthly frequency (whereas Statistics SA’s most reliable employment aggregates are only available every quarter).

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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