Business News of Wednesday, 10 June 2020

Source: laudbusiness.com

Coronavirus: We can assess impact on jobs by September – ICU

Solomon Kotei, General Secretary of the Industrial and Commercial Workers Union (ICU) Solomon Kotei, General Secretary of the Industrial and Commercial Workers Union (ICU)

The General Secretary of the Industrial and Commercial Workers Union (ICU) Mr. Solomon Kotei, has said the ICU will be able to assess the impact of the COVID-19 on jobs by September this year.

He noted that although the pandemic has affected jobs in several ways, a more reliable assessment of the impact could be done in September.

He revealed that the hotel and the aviation sectors of the economy are the areas of the economy that are most affected by the impact of the coronavirus.

He explained on the Sunrise Show hosted by Alfred Ocansey on 3FM 92.7 Wednesday, June 10 that these sectors mostly rely on foreigners and others why travel around the world.

Therefore, they have lost their jobs following the closure of borders and other entry points into the country.

As part of measures to curtail the spread of the virus in Ghana, President Nana Addo Dankwa Akufo-Ado closed all the borders and other entry points into the country.

Mr Kotei said : “The hardest hit so far is the hospitality sector and the aviation sectors because these businesses they have over 80 per cent of their activity being supported by foreigners who come in and those who actually give them the rate of occupancies in their various hotels

As of these times that the planes are not coming in what we have experienced in this sector is that those who supply the planes with foods and juice have closed down, they been declared redundant and be paid off. So the job losses begin from this particular angle.

“For them, both the casual workers and the regular workers had been sorted out and we are concluding negotiations to get them paid off.

“To the big hotels, they are hoping that at least by September some kind of level of activity that can give them self-sustaining operations will take off.

“We have said as ICU that around September October then we will see the real impact of COVID-19 in the area of job losses.”

The General Secretary of the Industrial and Commercial Workers Union (ICU) Mr. Solomon Kotei, has said the ICU will be able to assess the impact of the COVID-19 on jobs by September this year.

He noted that although the pandemic has affected jobs in several ways, a more reliable assessment of the impact could be done in September.