Job cut count similar to recession
An average of 934 UIF claims are made a month as mass retrenchments continue
RICHARDS Bay has not seen as many work retrenchments since the recession in 2008 and 2009.
That is the scenario according to the KwaZulu-Natal Provincial Treasury latest statistics.
While the average monthly number of unemployment insurance fund (UIF) claims at the Richards Bay Department of Labour steadily declined from 1 328 in 2009 to 775 last year, it proved to be a short-lived reprieve as figures have climbed to 934 by the end of June this year.
In the last five months there have been additional reports of mass retrenchments at prominent companies such as Foskor, while an ever-present threat of worldwide aluminium production costs outweighing sale prices for BHP Billiton’s two local smelters, could hold repercussions.
Recruitment agency ProStaffing Personnel Director Paul Pereira is not surprised by the influx of UIF applications.
‘We have certainly seen an increase in job applications, notably from up country, so dismissals are widespread,’ says Pereira.
‘I would defiantly liken it to what we saw in 2009.’
Tips for retrenched
‘While being let go is never pleasant, it is a big reality at the moment and it’s easier to face it if you are prepared for it,’ says Pereira.
‘Update your CV and add references from colleagues, bosses and customers.
‘Gather your qualifications and certificates together and submit your CV at as many recruitment agencies as possible – December is an ideal time to submit your CV as most agencies consolidate on open vacancies and gear up for new vacancies in the new year.
‘Don’t say no to a job because it pays less than what you’re currently earning – the days of big raises between jobs are over.
‘And most importantly, don’t let this unfortunate event affect your self-worth and confidence.
‘You’re not worse off than the day you started.
‘This is a testing time in your life, but you will get through it and it will make you a better and stronger person.
‘This may be the catalyst you needed to propel you to greater things,’ Pereira said.
