Export Sector: More Than 4000 People Have Lost their Jobs in 2012

8 years, 8 months ago - March 27, 2013
20 export-oriented companies have closed their doors in 2012, resulting in the dismissal of 2,196 people. More than 2 000 people have lost their jobs due to downsizing exercises. For cons, the number of foreign workers engaged in this sector is constantly increasing.

The majority of companies have put the key under the door were those involved in the field of textiles and clothing, 12. Figure from one production unit, pullovers, employing 24 people. The other eleven were dismissed 1,414 employees. 35 people were limogées following the closure of a plant timber and stationery. The jewelery sector has witnessed the closure of four firms employing 495 people. In two years, 2011 and 2012, the total number of units to be discontinued operations amounted to 12 more than 600 people redundant.

An enterprise engaged in the manufacture of toys has also closed its doors, with collateral damage as 52 employees sent on the pavement. 176 other employees in two factories engaged in other types of export activities, were also thanked.

If the number of companies having stopped their activities in 2012 is down from 31 companies in 2011 to 20 last year, the number of graduates, by cons, is increasing. An increase of 160% from 844 in 2011 sacked 2196 people thanked in 2012.

In addition, 19 companies have resorted to downsizing exercises. 2517 people took the exit to ease the production costs of these companies. Added to victims of plant closures, the number of people who have lost their jobs in 2012, the export sector, amounted to 4713. To compensate, in total, 3,250 jobs were created last year. There are only one new project in 2012, particularly in the textile and clothing sector, employing 40 people. 21 companies have further developed thus creating 3210 jobs.

The difference between job creation and job loss is negative 1463 people. 356 companies in 2011, and we go to 337 companies employing 54,187 people in 2012 against 55,650 in 2011. The decline in employment is around 2.6% against 0.3% in 2011.

Note, however, the opposite effect on foreign labor, which it posted a gain. 19,199 expatriates were to have been employed in the export sector against 18,560 in 2011, representing an increase of 3.4%. Investments are also down in 2012. Rs 1.1 billion in 2011, companies that have invested Rs 1 billion, of which Rs 989 million in machinery.

But if the investment companies or local employees are down, exports appear, in turn, an increase from Rs 43.1 billion in 2011 to Rs 46.2 billion in 2012.

 

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