South Africa is expected to see muted job growth in the second quarter of 2016, as companies largely plan to keep staff numbers unchanged.
This is according to the Manpower Employment Outlook Survey for Q2 2016, which tracks the hiring and firing plans of 752 companies across various sectors in South Africa.
According to the report, only 13% of employers will be looking to hire new staff between April and June 2016, while a smaller percentage – 8% – are expecting to cut jobs. The vast majority of companies (77%) said that there would likely be no changes.
The stats give South Africa a net employment outlook of 5% growth – the lowest rate over the past year.
Most job losses will be within large companies (with 250 employees or more), though it also expects to see the biggest increase – with net employment growth at 12%.
Regionally, KwaZulu Natal is expected to see job hiring increase by 8%, followed by the Eastern Cape (7%), Gauteng (6%) and the Free State (2%). The Western Cape will remain flat.
These are the industries where the biggest changes are expected:
Net Employment Outlook refers to the percentage of employers anticipating an increase in hiring activity and subtracting from this the percentage of employers expecting to see a decrease in employment at their location in the next quarter.
The Seasonally Adjusted Outlook is the data adjusted for sectors with more than 17 quarters of historic data.