2013_14 IDP Review.pdf - KZN Development Planning

government, business chambers and sector business networks through a process ofmentorship and support for institutional development.The LED Strategy is currently under review for implementation during 2013/14 financial year, toensure that its application is relevant and applicable thereby promoting economic development4.2 ECONOMIC ANALYSIS4.2.1 ECONOMICALLY ACTIVE POPULATIONThe Global Insight data indicates that in 2009 the economically active population (EAP) for thedistrict represented 12.5% which was an improvement on the 10% in 1996. However, thecurrent data suggest that the EAP in 2011 was again down to 10%. The EAP rate peaked in2007 at 13.4%. The failure of the economy to absorb current labour force has to a greaterextent discouraged potential labour participants from seeking employment.4.2.2 EMPLOYMENTAs can be seen from the graph below, in 2011 the Community Services sector employed thehighest percentage of residents followed by Agriculture (30.3% or 4,052 people), Households(16.2% or 2,795 people), Manufacturing (5.7% or 990 people) and Trade (4.3% or 751 people).Figure 1: Formal Employment per Sector for 2011 (%)Source : Global Insight of SA, 2011Draft 2013/14 IDP Review Page 9Prepared by Umzinyathi District Municipality22 March 2013