Wednesday, April 17, 2024

St Lucia: Union concerned about layoffs

Date:

Share post:

CASTRIES, St.Lucia, Sept. 19, CMC- The National Workers Union (NWU), has expressed concern about the number of jobs being lost.
The Union, the largest on the island, says it is extremely unfortunate that St.Lucia has failed to grasp timely opportunities to structure a plan aimed at job security and economic stabilization. “Over the last 24 months we at the National Worker Union have been monitoring the situation in the country, especially since the financial crisis of 2008 and we are very concern about the direction we see the country heading as it relates to job losses, and redundancies. We have seen the trend via our membership and there is also evidence at the national level. So our concern is related to the future of the country and its workforce, what exactly will happen to the increasing number of persons on the breadline,” said Solace Mayers,  Deputy President General .
The Union says stakeholders in the industry must come together and devise a plan to arrest the crisis before it gets any worse. Mayers said the union cannot ignore the fact that the jobs lost are the ones that have sustained workers over the years, and many businesses are recording economic erosion not being able to meet traditional targets. “When you have such a large number of people in search of jobs it impacts a number of national institutions. These people were in good paying jobs, making contributions to National Insurance, paying their water and electricity bills on time, in addition to their mortgage and loan commitments.” “But if they are on the breadline that suggests that these contributions are not being made, and the financial implications of that would ripple across the country. So just painting that scenario is troubling and we need to move urgently to save the country from a certain downward spiral,” she said.
Since the layoffs and closures of businesses within the past two years, the national employment level has risen to over 25 per cent, with an estimated 17,000 young persons jobless. The International Labour Organisation says the situation is not expected to improve anytime soon given the global trend. In 2012, an assessment of the country’s labour market revealed that 60 per cent of the labour market lacked secondary education and as a result, the requisite skills required for gainful employment.
 

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

Rare halo captured around the sun in Barbados

Barbadians today were treated to a rare spectacle in the form of a halo around the sun. This...

Persistent DLP issues a concern, say political scientists

If the Democratic Labour Party (DLP) is to be a viable alternative to the ruling Barbados Labour Party...

‘Grand’ plans routed

Vendors and some residents along Station Hill and Bank Hall, St Michael are not jumping for joy that...

Public schools reopen next week

Public schools will reopen next week for the final school term of the academic year 2023-2024. Term III, also...