The labour market improved in the third quarter of 2017. The unemployment rate for citizens declined between June and September 2017, and was unchanged for residents and at the overall. Retrenchments were lower than the past quarter and a year ago, and the rate of re-entry among retrenched residents rose. The ratio of job vacancies to unemployed persons continued to improve, even though there were still more unemployed persons than job openings. Although total employment continued to contract, the decline has eased.
For more information, please refer to the full Labour Market Third Quarter 2017 report.
Released on: 13 December 2017
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