South Africa Business Services Employs 2 Million in 2024 as Real Estate Sheds 35,000 Jobs
Updated
Updated · EWN · Jul 16
South Africa Business Services Employs 2 Million in 2024 as Real Estate Sheds 35,000 Jobs
3 articles · Updated · EWN · Jul 16
Summary
Stats SA said South Africa's real estate, financial support and business services industry employed more than 2 million people in 2024, reinforcing the sector's role as a major jobs engine.
Just under 26% of those jobs came from "other business activities" such as call centres and debt collection, while security services employed more than 382,000 people and labour recruitment just over 205,000.
Employment growth was uneven: real estate activities lost nearly 35,000 jobs over the past eight years, and architectural and engineering services also recorded declines.
Small, medium and micro enterprises employed more than half the workforce even though large companies generated just over half of industry income, highlighting smaller firms' importance in job creation.