Socio Economic - Transnet

120001000080006000400020000The informal employment graph, depictedin Figure 7, shows an increase in peopleemployed informally from 2001 to 2011.Figure 7: Change of informal employment (No. of People)3.3.1.4 Unemployment1000080006000400020000200020012002200320042005200620072008200920102011Figure 8: Change in unemployment (No. of people)The change in the unemployed section of thelabour force shows a steep fall from 2000 to2003/2004 and then an increase from thatperiod to 2008, followed by a decrease with theonset of the recession. The decline inemployment corresponds with the increase inemployment in both the formal and informalsectors but the impact of the economic decline isalso evident in the trend towards the end of theperiod. It can be expected that it will start toincrease as the current economic conditionsprevail.3.3.1.5 Unemployment Rate252015105The rate of changes in unemployment indicatesthe number of people unemployed as apercentage of the total economically activepopulation (labour force).The unemployment rate follows much the samepattern as the change in the unemployed. The2009 figure would suggest a rise in theunemployment rate. This can again beexplained by the economic recession.0Figure 9: Change in unemployment rate (%)3.3.1.6 Labour force participation rate5 July 2013 Page 16