responses of ministers of labour and the perspectives of social actors to the current economic...
DESCRIPTION
IMPACT Increase in the price of commodities Slow down of activity in the tourism and construction sectors Layoffs and reduced work weeks in the Tourism Sector Job losses in other sectors on a smaller scale Winding down of large capital intensive projects Deceleration in real estate activities Decline in remittances Deportees policy of the USA (return migration)TRANSCRIPT
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Responses of Ministers of Labour and The Perspectives of Social Actors To
The Current Economic Crisis
SAINT LUCIA
1
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Saint Lucia’s Country Poverty Assessment
1995 2005/06Poverty 25.1% 28%
Indigence
7.1% 1.6%
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IMPACTIncrease in the price of commoditiesSlow down of activity in the tourism and
construction sectorsLayoffs and reduced work weeks in the Tourism
SectorJob losses in other sectors on a smaller scaleWinding down of large capital intensive projectsDeceleration in real estate activitiesDecline in remittancesDeportees policy of the USA (return migration)
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IMPACTAs of March 2009, 520 persons lost jobsFalling visitor arrivalsRate of unemployment 14%(population of
160, 000)Informal Sector is growing
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STRATEGYNational Crisis Response Plan Job creation Social protection
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Department of LabourCadre of eight labour InspectorsLabour Inspectors link between Ministry and
workplacesConsultation with employersStrengthening of bilateral relationsPreventative conciliation
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RESPONSESActivate an unemployment data bankPartnering with other agencies, such as Social
Development Fund, National Skills Development Centre
Database will serve as a repository for firms wishing to recruit persons
Two(2) workshops will be held in collaboration with non government agencies
Counseling will be provided for the unemployed persons
Information will help guide interventions
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Social Protection Measures1.Koudmein Saint Lucia Program
Deal with poverty at the household level
Psycho-Social Support is provided
Assistance would be in areas such as health, education, housing and employment income.
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Social Protection Measures 2.HOPE- Holistic Opportunities For
Personal Employment Program Temporary employment program To support quick re-entry of workers into the labour market Facilitating labour absorption/protect the poor and
vulnerable Focus on beautification and landscaping activities and
construction activities at the community level A health support and personal development component Two thousnad(2000) persons on an annual basis $EC 9.5 million has been budgeted for this program
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PUBLIC ASSISTANCE PROGRAM
Largest Social Safety Net Program
Three thousand, six hundred(3,600) individuals receive monthly public assistance.
Allocation of EC$4-8 million
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OTHERSSchool funding Program
Book bursary and education assistance program
Insurance to pensioners, ranging from 2% to 5%
Fee waivers
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JOB ROTATION1. Exogenous shock facility
To provide small business with short term liquidity
Funding of EC$7 million from an International organization
Will assist small business Tourism related services, agriculture and agri-business
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JOB ROTATION2. Youth Enterprise Equity Fund
Start up equity for young entrepreneurs
Partner with other agencies who will benefit from tax write-offs
Allocation is approximately EC $8.7 m
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JOB ROTATION3 Partnership Program
Government will partner with the Unions and the private sector
Government will provide legal services and seek capital
Government will also guarantee them a ready market for three(3)years
Employers will be provided with the administration and training skills to manage their affairs
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PUBLIC SECTOR CONSTRUCTION AND INFRASTRUCTURE 2009/2010
Long Term ECRe-development of port Castries$55m to
$60mHewanorra Airport expansion $60mBois d’Orange Hyper mart Building $32.5mFire Stations/office Complex $35mHousing Projects $31m
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THANK YOU