OFM The OFM Business Hour

Employment fell by 2.2 million

Loading player...
South Africa's unemployment rate fell to 23.3% in the second quarter of 2020 from 30.1% in the previous period. It was the lowest jobless rate since the second quarter of 2009, as the country's strict lockdown distorted labour force numbers with fewer people actively looking for employment. Jaco Spies, Labour Expect, takes us through the reasons for this shift and also elaborates on the psychological impact of the National Lockdown on people searching for employment and those who are still employed.
1 Oct 2020 1PM English South Africa Business · Daily News

Other recent episodes

Kreatiewe vernietiging: Waarom innovasie ’n sterk IP-strategie vereis

Kreatiewe vernietiging is die enjinkamer van ekonomiese groei, soos bewys deur die werk van die onlangse Nobelprys-wenners in Ekonomie, Joel Mokyr, Philippe Aghion en Peter Howitt. Tog, vir entrepreneurs en besigheidsleiers is dit noodsaaklik om ’n sterk intellektuele eiendom- en marktoegangstrategie te ontwikkel om te oorleef in ’n era waar…
30 Oct 4AM 8 min

Three Free State family farms featured in VIA’s Erfenis in die Grond

A new six-week episodic series on VIA delves into life beyond the farm gates for six multi-generational farming families. ‘Erfenis in die Grond’, presented by Peter Pentz from Groote Post, features six farming families, three of which are in the Free State as they share their experiences, challenges, and the…
30 Oct 4AM 4 min

Beleggings stroom na Harrismith, maar Afbakeningsraad bly struikelblok

Met beleggings van honderde miljoene rand wat hul pad na Harrismith vind, raak die behoefte al dringender vir ondernemings en inwoners om Maluti-A-Phofung se greep te ontkom. Volgens Ben Deysel, voorsitter van die Harrismith-Sakeforum, lê die dorp se aantrekkingskrag in sy ligging en sentrale posisie – en dit is waarom…
28 Oct 1PM 4 min

Unpacking Eskom’s ‘inconsistent’ stance on trader licences

Energy analyst Chris Yelland says Eskom’s latest moves opposing trader licences are less about protecting the grid and more about protecting its turf. But what does this mean for the country’s reform agenda, the new transmission company, and the independence of regulators? Yelland joins the OFM Business Hour to unpack…
24 Oct 6AM 9 min

The golden equation that will help you retire comfortably in South Africa

Planning for a financially secure retirement can feel like chasing a moving target, with inflation, market swings, and rising living costs all in play. However, it’s not impossible. André Tuck, Certified Financial Planner (CFP) and Team Leader: Retail Investments at 10X Investments, shares his 30+ years of financial expertise and…
23 Oct 2PM 5 min
All episodes