The Steel Industry is in troubled waters. There are many indicators to this effect, but job losses is an important one. According to the MEIBC, the Steel Industry has lost 150,000 jobs over the last ten years, of which 40 000 jobs were lost in 2015 and 9,000 in the month of November 2015 alone. The MEIBC is predicting a further 30 000 job losses in the Steel Industry this year.
According to City Press, the labour broking industry is pleased with new research that seems to tag it as a cornerstone of the economy and a means of relief to the poor.
The City of Cape Town is encouraging unemployed residents who are looking for work to join the City’s jobseekers database.
The iiNet customer service center in Cape Town, operated by Merchants as part of iiNet’s global virtual contact center, will expand to 1,000 seats by the end of 2014 as a result of continuous iiNet growth.
A craft and design entrepreneur, the Jobs Fund (National Treasury) and the Cape Craft & Design Institute are together creating up to 50 new permanent jobs in the remote Karoo town of Prince Albert.