Thursday 20 July 2017

Senegal Q4 2016: Paid jobs up by 3.7 percent

Senegal Q4 2016: Paid jobs up by 3.7 percent
(APA 03/16/17)
Senegal Q4 2016: Paid jobs up by 3.7 percent

Salaried employment in Senegal’s modern sector rose 3.7 percent by the end of the fourth quarter of last year, comparing favourably against the previous quarter, APA can report Wednesday from the Directorate of Forecasting and Economic Studies (DPEE).

“This dynamic is driven by the tertiary and secondary sectors, which have recorded 5.4 percent and 2.1 percent increases respectively,” the DPEE added.

Changes in the secondary sector were driven by an increase in the number of employees in almost all industries, including the production of machinery and equipment (+ 16.4 percent), shipbuilding and repair (+ 5 percent), the extractive industry (+ 2.3 percent), the food industry (+ 3 percent), the chemical industry (+ 1.3 percent), cotton
ginning and textile manufacturing (+ 3.0%), and construction (+ 3.2%).

However, net employment losses were incurred in the manufacture of wood products (- 1.2 percent) and paper and paperboard (- 7.4 percent).

As for the growth in the tertiary sector, excluding health (- 2.4 percent), all branches witnessed an increase in staff numbers.

These are mainly hotels, bars and restaurants (+ 11.4 percent), banks and insurance companies (+ 3.9 percent), real estate services (+ 4.2 percent), education (+ 3, 2 percent) and trade (+ 1.2 percent).

Over a one-year period, wage employment in the modern sector rose slightly at 0.7 percent at the end of the fourth quarter of 2016.

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