Labour market indicators

Unemployment rate in 2002: 5.20% (ILO data)

Working population:

Employment by sector:

Employment contracts
The work contract is mainly governed by the legal provisions of Conditions of Employment (Regulation) Act

Salaries

National monthly minimum wage as of 1/1/03: 53.13 Lm per week for those above 18 years of age.

Average wage for a salary in the manufacturing industry in 2004: 2.4 Lm by  hour (ILO data)

Social security contributions

Employer: 10%

Employee: 10%

Number of hours

Legal definition of full time work (per week): The number of normal working hours per week is 40 hrs.

Retirement age: 60 years for women, 61 years for men.

Unions

Average rate of union membership:Around 30%

Unions: The main union of the island is the General Workers' Union - GWU.
The regulations governing the unions are based on the Industrial Relations Act of 1976.

Useful links

For further informations on the labour market, check out the following web sites:

- International Labour Organization (ILO): studies, statistics and reports on working conditions and labour markets

- NATLEX : ILO database on national labour laws

- Employment and Training Corporation

- South Africa Labour Law Profile