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Johannesburg - The ongoing strike in the platinum mining belt is taking workers into poverty as it enters day 97, economist Mike Schüssler said on Wednesday.
"It's ludicrous, you are taking people into poverty," he said in Johannesburg presenting the 2014 Uasa South African Employment Report.
In other countries where people went on strike, unions had enough money available to pay striking workers the wages they lost while on strike.
In the case of the platinum strike, the union was currently paying striking workers less than R5 a month.
"You really are taking people into poverty," he said. "Not relative poverty but real poverty."
Members of the Association of Mineworkers and Construction Union (Amcu) at Lonmin [JSE:LON], Impala Platinum (Implats) [JSE:IMP] and Anglo Platinum (Amplats) [JSE:AMS] downed tools on January 23.
Schüssler said about 70 000 people were on strike in the sector but this affected over 120 000 people directly.
"Every week this strike goes on, more people will be affected," said Schüssler.
In the past two years, eight million work days had been lost due to strikes.
"The strike does impact on the economy. It plays a big role on the confidence in the economy."
Entry level workers had so far lost about R26 775 a person in wages alone and R5 016 in benefits.
Schüssler said it would be nearly impossible for the workers to recover from what they had lost. Mining production this year would also show a decline.
