Job losses a growing concern for trade union federation | IOL News

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Job losses a growing concern for trade union federation

Increasing job losses in the mining and banking sectors continue to haunt the SA Federation of Trade Unions after almost 15 000 workers were retrenched this year. Saftu general secretary Zwelinzima Vavi painted this gloomy picture about the state of the South African economy in his festive message on Monday.

Vavi bemoaned the growing retrenchments in key sectors of the economy, saying: “In particular, our hearts go out to workers who have lost their jobs. We are acutely aware that they will now join the long queue of 10.3 million South African who are unemployed and the 63% living in degrading, dehumanising poverty.

“We send a special message to workers who have been victims of senseless violence and unacceptably high levels of road accidents. We wish those who are in hospitals or recovering at home a speedy recovery,” Vavi said. He added that South Africa remained the world’s most unequal society, with close to the highest levels of unemployment, and about 63% of the population living in dire poverty.

 

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