On Wednesday, the Solidarity Research Institute (SRI) will release its second quarterly Labour Market Report and Index for 2014. The labour market index is a recent addition to the report and it is a quarterly measure of job and wage security in South Africa. The media are cordially invited to attend a presentation on the LMI and the report.

According to Paul Joubert, senior economic researcher at the SRI, the component for employee confidence in the Solidarity-ETM Labour Market Index (LMI) fell sharply to 33,3 in the second quarter of this year after a first quarter reading of 45,2. “The sharp decline reflects the significant disruption caused by the strike in the platinum sector. The effect of the strike was not merely felt by the mineworkers alone; it also had a much wider ripple effect on suppliers of products and services to the mines,” Joubert explained.

This and other topics are discussed in more detail in the South African Labour Market Report.

The media are cordially invited to attend the presentation:

Date: Wednesday 30 July 2014
Time: 10:00
Venue:  Geelhout Conference Room, Solidarity Head Office, cnr DF Malan Drive and Eendracht Street, Kloofsig, Centurion

Please RSVP with heleen@solidariteit.co.za

*In the past, the South African Labour Market Report had been known as the Solidarity Labour Market Report.

Paul Joubert
Senior researcher: Solidarity
Cell.: 082 751 9499
Tel: 012 644 4333