Today's Labour News

newsThis news aggregator site highlights South African labour news from a wide range of internet and print sources. Each posting has a synopsis of the source article, together with a link or reference to the original. Postings cover the range of labour related matters from industrial relations to generalist human resources.

newsBusiness Report writes that labour has warned of a jobs bloodbath this year, following implementation of the much-touted national minimum wage on 1 January.  And industry stakeholders have warned that this could affect the struggling SA economy battling a 27.5% unemployment rate.  

Labour analyst Michael Bagraim said 2019 was set to be an eventful year with mass retrenchments:  “It’s going to be bad.  It’s going to be a bloodshed of the year.  People must protect their jobs and not resign or cause trouble.”  Patrick Craven of the SA Federation of Trade Unions (Saftu) said labour was anticipating a very difficult year.  “The signs are there that more jobs will be lost, that unemployment will continue to rise and that we will remain the most unequal society in the world,” said Craven.  He indicated that Saftu would embark on a huge stay-away in March “to show that we need a completely new economic policy focused on job creation, developing the manufacturing industry in South Africa and the raising of living standards through the minimum living wage that people can live on.”  Fedusa’s Godfrey Selematsela said labour federations would hold their Nedlac labour school in late January covering, among other things, the monitoring of implementation of the minimum wage and the creation of jobs flowing from the 2018 Jobs Summit.  Nactu’s Narius Moloto said labour ended 2018 on a very bad note as there had been retrenchments across all sectors.  “We are expecting to see some resistance to the minimum wage implementation and the continued laying off of workers,” he observed.

Read the original report by Luyolo Mkentane in full at Business Report

Get other news reports at the SA Labour News home page