Mpumalanga creates more jobs, MEC Masuku
Tuesday, 05 November 2013
Mpumalanga’s net job creation on an annual basis is by far the highest of all nine provinces, said the MEC for Finance, Mr Madala Masuku.
Speaking during the tabling of the Adjustment Budget for 2013/14 at the Provincial Legislature on Tuesday, 5 November 2013, MEC Masuku said the number of job created in the third quarter and on an annual basis signifies that the Province is progressing well in addressing the challenge of unemployment.
According to the Labour Force Survey, Mpumalanga experienced a net job creation of 30 000 jobs in the third quarter of 2013 and also a huge 105 000 jobs on an annual basis.
“The last mentioned figure, represents 27.4 per cent of the net job creation figure of South Africa as well as an annual employment growth of 11.3 per cent, which was by far the highest among the nine provinces,” said MEC Masuku.
The main contributing industries were community services, mining, construction and finance.
Mpumalanga recorded an employment level in the second quarter of 2013 above the 1 million level – for the first time ever!
Mpumalanga unemployment rate of 26.6 per cent remains relatively high, but the good news is that it declined by 2.8 percentage points on a quarterly and 4.4 percentage points on an annual basis, said MEC Masuku.
MEC also announced that the provincial poverty rate declined from 43.7 per cent in 2009 to 36.9 per cent in 2012. The number of people in poverty declined by 180 000 in this period.
The Provincial Adjustment Budget framework added R526.150 million, increasing the appropriated budget from R33 659 365 billion to R34 185 515 billion for the year ending 31 March 2013.
The proportion of allocation across the priorities remains stable. The adjustment budget seeks to strengthen the areas that proved challenging in the past such as infrastructure, bursaries, security service and Learner-Teacher Support Material amongst others.
The Adjusted Estimates of Provincial Revenue and Expenditure for 2013/14 allows the Government to review the allocation efficiencies. It is an opportunity to look back on what the Mpumalanga Government set to achieve in the short to medium term period.