This news aggregator site highlights South African labour news from a wide range of internet and print sources. Each posting has a synopsis of the source article, together with a link or reference to the original. Postings cover the range of labour related matters from industrial relations to generalist human resources.
BusinessTech reports that the latest South African Labour Market Index (LMI) for Q1 2016 published by union Solidarity shows that the local labour market has declined in every key metric.
The Solidarity LMI, compiled in collaboration with ETM Analytics, is based on employee confidence, labour affordability and the ETM business cycle metrics over the past quarter. The index dropped sharply from a downwardly revised score of 44.6 in Q4 2015 to 38.6 in the first quarter of 2016 – a new low since the 2008/2009 financial crisis. According to Gerhard van Onselen, economic researcher at the Solidarity Research Institute (SRI), the decline in the index is an indication of a deteriorating labour environment with slow wage growth, weak net employment and retrenchments in most sectors.
- Read this report in full at BusinessTech
- Read Solidarity’s press statement at Solidarity online
- Read the full LMI report here
Get other news reports at the SA Labour News home page