All data is delayed
Loading...
See More

Clothing sector sheds fewer jobs

Nov 14 2011 17:21
Sapa

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  |  sactwu

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
1 comment
Comments have been closed for this article.
 

Company Snapshot

We're talking about:

Money Clinic

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

Voting Booth

Would you buy the FNB branded smartphone?

Previous results · Suggest a vote

Loading...