In line with the Labour Market Advance Release, most indicators showed that the labour market held up in the first quarter of 2019, even though the economy slowed. Total employment continued to grow, higher than the first quarter of 2018. The resident unemployment rate held steady, while long-term unemployment rate declined. However, while there continued to be more job vacancies than job seekers, the tightness in the labour market may ease, as job vacancies declined for the first time in two years and retrenchments rose in this quarter.
For more information, please refer to the full Labour Market First Quarter 2019 report.
Released on: 13 June 2019
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