As of October, about 50,000 jobs were lost in the construction sector.
The Honduran Chamber of Construction Industry (CHICO), identified as the main cause the economic crisis in the country.
Digital Process publishes, "Another factor which has influenced reduction of employment in the construction sector is the lack of interest by the government to generate investments, and the delay in the adoption of renewable energy projects, said Juan Carlos Sikaffy, member of Chico”.
The latest business survey carried out by Asies reveals that expectations of a recovery in the second half of 2010 have been postponed to 2011.
In the previous survey from the Association for Investigation and Social Studies (ASIES) the perception was that the Guatemalan economy would recover in the last six months of this year. However, the results of the latest survey cast doubt on this recovery with the main indicators of business activity showing unfavorable behavior relative to the previous study.
From January to August, 63.917 workers have been fired, according to data from the Work Secretary.
The actual figure could be much higher, warned Work Minister Nicolás García, who explained that "... many fired workers do not report to the Ministry, and they settle termination conditions directly with their employers".
Arguing lack of regulations, the Labor Ministry of Costa Rica has rejected requests for reducing the working day.
While Congress studied a Labor Flexibility Law project, the ministry rejected 20 requests by companies from different sectors, who solicited authorization for reducing wages and working time of their employees.
By November 2008 the industrial reported 1.200 less workers than October 2008, and 4.800 less in construction.
Nacion.com reports: "The employment contraction coincides with the slowdown in the production and the 0.5% fall registered in November 2008 compared to November 2007, according to the monthly index of economic activity.
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Industrias Gabriela is a non-woven textile manufacturing company located in Tegucigalpa, Honduras, Central America.
Operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama
Phone: (504) 229-0072