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Release of the Solidarity-ETM SA Labour Market Report and Index, Q4 2016

Monday, November 14th, 2016

Despite improvement in Labour Market Index, talk of ‘green shoots’ premature – Solidarity

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The index and report are available here

Following the release of the latest Solidarity-ETM Labour Market Index (LMI), which showed a slight improvement in the third quarter, Solidarity has warned against premature talks of ‘green shoots’ of economic recovery.

The LMI increased from a downwardly revised 41,9 in Q2 to 42,5 in the third quarter of 2016. While some encouragement can be taken from the index rising for two consecutive quarters and not weakening further, the levels in Q3 remained weak and well below 50,0 – still pointing to a weakening environment for the labour market.

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The Solidarity-ETM Labour Market Index forms part of the quarterly Solidarity-ETM SA Labour Market Report. In the fourth quarter’s edition:

  1. Selected labour market statistics
  2. Solidarity-ETM Labour Market Index for Q3 2016
  3. A political balance sheet for 2016
  4. The rand and politics
  5. A look at China’s economy
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Tel.: 012 644 4300

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Die Solidariteit Navorsingsinstituut

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