LETTER: Recovery plan at odds with jobs data
The metals and engineering cluster of industries has felt the double whammy of the virus-induced economic lockdown and a stagnant economy
15 October 2020 - 17:25
The quarterly employment statistics (QES) data released on Thursday by Statistics SA runs counter to the government’s economic recovery plan, which needs all productive hands on deck to ensure success.
According to the QES data, the broader manufacturing sector, of which the metals and engineering (M&E) sector forms an integral part, lost 8.2% of total employment, comprising an alarming 100,000 jobs in June 2020 compared to June 2019...
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