Jobless rate hits 25,7% – labour recession

SA’s unemployment rate climbed to 25,7% in the second quarter — its highest in seven years — as an influx of job seekers into the labour market surpassed job creation.

Analysts were shocked at the news from Statistics SA yesterday, which showed the jobless rate leaping sharply from 25% in the first quarter.

Overall, the number of employed people rose by 7000 in the second quarter — a far cry from the number needed to reach the government’s goal of creating 5-million new jobs by 2020.

“We are still in a labour recession,” T-Sec economist Mike Schussler said yesterday. “The economy might be growing but it’s not creating jobs.”

via BusinessDay – Jobless rate hits 25,7% as ‘labour recession’ grips SA

Deregulate Petrol – increase of 17c next week

The price of petrol will increase by 17c next Wednesday, on the back of higher the international petrol, diesel and illuminating paraffin prices, the Department of Energy said today.

“The average rand/dollar exchange rate strengthened when compared to the previous period. The average rand/dollar exchange rate for the period 1 July 2011 to 28 July 2011 was R6,8134 compared to R6,8353 during the previous period,” the Department of Energy said on Friday.

Diesel containing 0.05% sulphur will increase by 15c, along with diesel containing 0.005% sulphur.

Illuminating paraffin’s wholesale price will increase by 10c while the Single Maximum National Retail Price (SMNRP) will increase by 13c.

The price of liquefied petroleum gas (LPGAS) will increase by 38c per kilogram.

via BusinessDay – Petrol to increase by 17c next week

Department of Home Affairs

Firstly, the DHA is custodian, protector and verifier of the identity and status of citizens and other persons resident in South Africa. This makes it possible for people to realize their rights and access benefits and opportunities in both the public and private domains. By expanding these services to marginalized communities, the department plays is a key enabler in deepening democracy and social justice.

Secondly, the DHA controls, regulates and facilitates immigration and the movement of persons through ports of entry. It also provides civics and immigration services at foreign missions; and determines the status of asylum seekers and refugees in accordance with international obligations. The department thus makes a significant contribution to ensuring national security, enabling economic development and promoting good international relations.

Department of Home Affairs