The Job Market Falls 44%

"The continued decline in activity will weigh about employment in the coming months", says the Chamber of Commerce and Industry (MCCI) in its report on the economic outlook published in this month. Thus, according to the MCCI, the unemployment rate will continue to rise to 8.6% this year, down from 8.1% in 2012. Same story on the side of the Mauritius Employers' Federation (MEF), which observes that local businesses are now hit hard by the effects of the global financial crisis.

Unemployment affects 14,000 women

Difficult equation to solve for the authorities concerned. If, on the one hand, the number of registered with the Employment Bureau unemployed continues to grow, more than 19,000 according to official data, on the other, the number of jobs available in the labor market s' is greatly reduced, as evidenced by the number of reported since January this year jobs. Indeed, the number of hires is only 6500, compared to 11,990 for the same period last year, a decrease of 44%. These are women, essentially, struggling to find a job and 14,000 of them are registered as unemployed. "The propensity to recruit decreases mainly in large institutions, small businesses are less involved, at least for now," said Will we at the Mauritius Employers' Federation (MEF).

Using the 'Vacancy Rate Analysis' to assess the situation, the MEF adds that "the number of vacancies in this current exercise is one of the lowest Recorded in recent years." So as a solution, it proposes the establishment of a national employment policy, "supplier providing an Appropriate framework for policies, programs and measures needed for Promoting employment, unemployment and Combating Enhancing employability of all individuals".