Photo: Adobe Stock
Photo: Adobe Stock
It probably won’t feel like it for many South Africans, but the monthly average wage is apparently rising in this country. That’s according to data shared by StatsSA on Thursday, following the release of the Quarterly Employment Statistics for June.
Employment figures themselves look a little glossier than they did this time last year. Despite a small decrease (less than 0.1%) of people in employment, almost 150 000 more people have secured work compared to this time last year:
“The June 2019 QES survey showed that an estimated 10 172 000 persons were employed in the formal non-agricultural sector of the South African economy. This reflected a net quarterly decrease of 2 000 employees between March 2019 and June 2019. However, total employment increased by 141 000 – or 1.4% – year-on-year between June 2018 and June 2019.”StatsSA
This was largely due to increases in the following industries:
Arguably, the most interesting batch of the QES findings comes from looking at the figures for the average wage each South African makes. Despite unemployment and joblessness dominating the narrative in South Africa, there could be a silver lining to cling on to.
It has been revealed that gross earnings are up by R45 billion. Employees in the formal non-agriculture sector – a large majority of the working population – have apparently seen their wages rise by 2.7% since February. The average wage per month in South Africa has risen from R20 859 to R21 432.
Compare that to this time last year, and South African workers are R999 a month better off. Many perhaps won’t feel it, and a large number of these increases may only be felt by workers higher up the chain, but the numbers at least show there is the prospect of growth in Mzansi, despite the many challenges ahead.
This statistical release on the average wage was also complemented by South Africa’s total gross earnings. We earn almost R700 billion between us each month. Again, quarterly growth has been recorded in this category:
Total earnings paid to employees amounted to R699,9 billion in June 2019, up from R688,4 billion in March 2019, a quarterly increase of R11,5 billion or 1,7%.— Stats SA (@StatsSA) September 26, 2019
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