Thousands lose jobs due to COVID in SVG – CARICOM Business
COVID-19 has resulted in the closure of 420 businesses in St. Vincent and the Grenadines (SVG), leading to a loss of 2,754 jobs across all sectors between March and December 2020.
According to Finance Minister Camillo Gonsalves, “there are other employees who have not been laid off but put on reduced time schedules, particularly in the hospitality sector — reduced hours and the like, they are also receiving compensation through various income support measures.”
Extract from CARICOM BUSINESS Vol. 4 No. 5
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Source: CARICOM TODAY
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