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Formal vs informal employment in SA - Codera Analytics

Formal vs informal employment in SA

While the labour force in South Africa has grown 31% since 2008, formal employment has only grown by 15%. Informal employment represents about 10% of employment and has grown by 29% since 2008. The chart shows the impact the COVID-19 related economic lockdowns had on the level of employment in South Africa, shedding over 2 million jobs in the wake of the pandemic before the labour market began to recover.

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