The South African Labour Force (Grade 10 NSC Matric Economics): Flashcards
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Economically active population age range
Economically active population age range
16 to 65 years
% of unemployed who are 35 or younger
% of unemployed who are 35 or younger
71%
Unemployment rate (% who can't find work)
Unemployment rate (% who can't find work)
25%
Agriculture employment % by 2010
Agriculture employment % by 2010
5%
Financial services employment % by 2010
Financial services employment % by 2010
13%
Wholesale/retail employment % by 2010
Wholesale/retail employment % by 2010
23%
Labour force participation rate
Labour force participation rate
54%
Number employed out of 32m working-age
Number employed out of 32m working-age
13 million
SA adults starting/managing own business
SA adults starting/managing own business
1 in 18
Small business failure rate in SA
Small business failure rate in SA
70-80%