Data provided by McGregor BFA
All data is delayed
Loading...
See More
Where am I? Home

Clothing sector sheds fewer jobs

Nov 14 2011 17:21 Sapa

Related Articles

NPC targets 11 million jobs by 2030

SA's labour productivity at 40-year low

SA 'unlikely to meet development goals'

Unemployed in US no longer receive benefits

Greek jitters keep stocks, euro down

Zuma admits jobs target won't be met

 

Johannesburg - There has been a significant slowdown in retrenchments in the clothing and textile industry, a trade union report showed.

A drop of more than 50% in retrenchments was recorded in the first nine months of 2011 compared to the same period last year, the SA Clothing and Textile Workers Union (Sactwu) said on Monday.

The report was tabled at the union's national executive committee meeting at the weekend.

"This slowdown is mainly attributed to the assistance... by government in the form of support measures to increase factories' competitiveness," general secretary Andre Kriel said in a statement.

"Sactwu's efforts to increase demand for local goods and to ensure the full implementation of the industry development strategy through its 'save jobs campaign' were also highlighted as a significant contributor."

job losses  |  clothing sector  |  sactwu
NEXT ON FIN24X

 
 
Comment on this story
1 comment
Add your comment
Comment 0 characters remaining
 

Company Snapshot

For detailed Unit Trust information, click here.

We're Talking About...

The Debt Issue

The Debt Issue brings you the latest debt news, tips on how to deal with and avoid debt, a panel of debt experts and real life debt stories from across South Africa.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...