Jobs in Trinidad and Tobago are disappearing fast amid a worsening downturn in the local economy.
Job losses have climbed by the thousands within the past few months, with cuts in the energy, services and construction sectors.
The latest victims come from the local operations of the Spanish exploration company, Repsol YPF, which announced a number of redundant positions on Wednesday.
The Trinidad Express reported that construction sector has been hit the hardest, available data from the Trinidad and Tobago Contractors Association indicated.
Association president Mikey Joseph told the Express that up to the end of March approximately 1,800 workers had been retrenched. Read more...
Job losses have climbed by the thousands within the past few months, with cuts in the energy, services and construction sectors.
The latest victims come from the local operations of the Spanish exploration company, Repsol YPF, which announced a number of redundant positions on Wednesday.
The Trinidad Express reported that construction sector has been hit the hardest, available data from the Trinidad and Tobago Contractors Association indicated.
Association president Mikey Joseph told the Express that up to the end of March approximately 1,800 workers had been retrenched. Read more...
No comments:
Post a Comment