Today's Labour News

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TransUnionFin24 reports that according to a survey carried out in the first week of May, more people reported losing their jobs after SA extended its lockdown in May.  

The poll, conducted by credit bureau TransUnion, found that 14% people reported job losses compared to 10% when the company conducted the same survey in early April, just after SA went on lockdown.  The online survey covered 1,005 adults in the week that ended on 11 May.  TransUnion advised that, based on three surveys it has conducted since the lockdown – two in April and one in early May – roughly one in six people have reported loss of their jobs because of the coronavirus-induced lockdown.  In addition to those who lost their jobs, nearly 4 in 10 (37%) of the respondents said their work hours have been reduced because of the pandemic.  In the first week of April, 32% reported reduced work hours.  Transunion said Mpumalanga was the most affected province, with reported job losses in the province increasing to 26% in early May, from 12% in April.  About 27% of the surveyed persons said they owned a small business and have had to close up, while those who remained open said orders have dried up.

  • Read the full original of the report in the above regard by Londiwe Buthelezi at Fin24


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