economic crisis

75 000 Jobs in First Quarter of 2012 – Survey

The Statistics South Africa (Stats SA) has announced that the South Africa shed 75 000 jobs in the first quarter of 2012.

In its quarterly labour force survey, Stats SA says this was despite growth in the agricultural sector, which gained 26 000 jobs, and in private households, which created a 33 000 jobs during this quarter.

However, it says that the number of job losses were still down on the last quarter of 2011, when the formal sector shed 107 000 jobs. The survey further found that 28 000 jobs were lost in the informal sector in the first quarter of 2012.

Effects of the Global Economic Crisis: Examining the Impact on HIV and AIDS Funding

The global response to the HIV/AIDS epidemic has been unparalleled. Between 2007 and 2008, funding increased from US$11.3 billion to US$ 13.7 billion globally (UNAIDS, Fact Sheet AIDS Funding 2008-09). However, the global economic crisis is having dire consequences for HIV and AIDS funding. These effects are felt particularly in sub-Saharan Africa, which has the highest levels of HIV and AIDS infection in the world, with approximately 25 million people infected.

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