Friday, November 06, 2015

Cape Town report reveals employment rate is up

Melon Radebe
06 November 2015

The latest economic performance indicators for Cape Town report revealed an encouraging upward trend in the employment growth rate for the city.

The number of individuals employed in Cape Town, in the second quarter of 2015, increased by 2000 on a quarterly basis.

The increase in employment resulted in Cape Town’s strict unemployment rate decreasing by 0,9 percentage points to 22,6 from quarter one of 2015.

The City’s Executive Mayor Patricia De Lille said while they have many successes to be proud of, there is still a lot of work to be done.

“We’re very pleased and the Mayor is very pleased with this authoritative trend. It shows that Cape Town has far few discouraged workers than the rest of the country.” The Major’s spokesperson Pierrene Leuks said.



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