Retrenchments on the rise – Labour
02 November 2021 | Labour
The ministry of labour received notice of 881 employees being retrenched, marking a 58% quarter-on-quarter increase of the number of persons retrenched.
“The industry is still seized with the unpleasant number of retrenchments. During this quarter, the ministry received notices of intent to dismiss a total of 881 employees by 117 employers.
“This is an increase by 58% of employees and 55% of employers as compared to the previous quarter,” said the acting executive director in the ministry of labour, Lydia Indombo.
The situation left much to be desired despite the state of the economy, Indombo said.
“Although this number does not reflect the actual figure of retrenchment as employers are only required to inform the labour commissioner of their intention to dismiss but not the actual number of retrenchments, it is leaves much to be desired especially in the state of economy that the country finds itself in,” Indombo said.
The Namibia Statistics Agency last week released a survey in which it had found that nearly seven out of every 10 people sampled by the Namibia Statistics Agency (NSA) were jobless even before the third Covid-19 wave hit the country.
More than 45% of unemployed people interviewed by the NSA in rural and urban areas said they lost their jobs due to business closures resulting from Covid-19 restrictions imposed by government since the middle of March this year.
About 18% in urban areas were laid off, while nearly 12% in the rural areas shared the same fate.