Kaya 959 Kaya Biz

SA’s deepening jobs crisis – Understanding the Q2 2025 Employment Decline.

Loading player...
South Africa shed 229,000 formal jobs year-on-year in Q2 2025, with community services, manufacturing, and trade hit hardest, while mining and electricity saw modest gains. Quarter-on-quarter, the economy lost 80,000 jobs, marking the third consecutive decline in formal employment.



Despite the job losses, average monthly earnings rose 3.4% over the quarter, reflecting higher pay for those remaining employed. Labour analyst Michael Bagraim discusses the drivers behind the ongoing jobs crisis, the sectors most affected, and what these trends mean for the economy in the months ahead.
30 Sep 4PM English South Africa Business News · Investing

Other recent episodes

How Walmart Can Achieve What Makro and Game Could Not?

Guest: The Finance Ghost – Retail Analyst Why are South Africans queueing for hours to walk into a store that, on paper, looks a lot like Game did ten years ago? And more importantly what does Walmart know that Makro and Game couldn’t crack? We unpack the frenzy behind Walmart’s…
4 Dec 4PM 16 min

Woolworths’ New Bag Colour - A Masterclass in Crisis Management?

Guest: Jeremy Sampson – Executive Chairman, Brand Finance Africa What happens when a grocery bag becomes the star of a national scandal? After businessman Vusimuzi “Cat” Matlala told Parliament he used a black Woolworths shopping bag to deliver R300 000 to former police minister Bheki Cele, the internet erupted with…
4 Dec 4PM 21 min

Channel Bundling Unpacked: Why DStv Says Discovery, CNN and 10 Others May Go Dark.

Guest: Nqobile Ndlovu – Cash N Sport Research Director According media updates, DStv subscribers were hit with a shock notification this week: 12 major Warner Bros Discovery channels including Discovery Channel, CNN International, Cartoon Network and Food Network could disappear on 31 December. Behind the push alert lies a much…
4 Dec 4PM 25 min
All episodes