COVID-19: SA on right track to mitigate job losses - expert

A recent African Union study suggests that Africa may lose up to 20 million jobs due to the coronavirus outbreak. Courtesy #DStv403

JOHANNESBURG - A recent African Union study suggests that Africa may lose up to 20 million jobs due to the coronavirus outbreak.

However, Labour Analyst, Jonathan Goldberg says South Africa has taken the right measures to curtail even further damage to the economy.

READ: COVID-19: SA death toll at 12

"The predictions range from 5 to 14% that I've seen in terms of the best and worst-case scenario so the figures range from about 600 000 to 1.8million and it's really about containment.

People say you have to get the economy going but you also have to save lives at the same time.

I think we're on the right track...we've done a very good job and a good job to contain the job losses", he said.

READCOVID-19: Confirmed cases in SA continue to rise

Goldberg says there is a need for a big stimulus package from government to help businesses to save jobs.

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Source
eNCA