ANA reports that the Federation of Unions of SA (Fedusa) on Monday said it was distressed by news that the economy lost 15,000 jobs in the formal sector in the first quarter of 2016 compared to the last three months of 2015.
Reacting to the Quarterly Employment Statistics (QES), released by Statistics SA on Monday, Fedusa general secretary Dennis George said the latest figures, which showed job losses in all sectors except community services, construction, and electricity, was disappointing given the amount of work government’s social partners had put into growing the economy. Many of the jobs lost were in the retail trade, hotels and restaurant industries. "This presents a grave challenge to the affected industries, where Fedusa membership enjoys a large percentage of the representation," said George.
- Read this report in full at JacarandaFM
- Read Fedusa’s press statement on this matter at SA Labour News
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