Covid kills a decade of employment growth in SA - The Mail & Guardian

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One in every two jobs lost as a result of Covid-19’s economic onslaught was once held by an informal worker. This is according to a recent analysis of the effect of the pandemic on South Africa’s labour market.

of the effect of the pandemic on South Africa’s labour market. The research forms part of a Wits School of Governance project on the future of the country’s economy.

The report notes that “South Africa’s lockdown was always expected to lead to substantial short- and long-term economic costs”. The Covid-19-induced jobs loss essentially erased the last decade of employment growth, the report points out. “These sectors accounted for just under 28% of pre-pandemic employment, showing that they were affected disproportionately.”that lockdowns around the world would hit informal sector workers the hardest.

In South Africa, the government came under fire because, although it instituted pay protection measures for formal sector workers through the Unemployment Insurance Fund ,. And although domestic workers were covered by the scheme, many of them initially missed out because their employers had not registered them with the UIF.

 

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And ANC killed a century of employment

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Covid didn’t kill a decade of employment growth, the government did! They rushed to take decisions without thinking long term. They rushed to shut down business without a plan

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