Pandemic has caused 110,000 job losses – employers association

  • Lusa
  • 15 December 2020

Covid-19 pandemic had already caused around 110,000 redundancies in the country, according to the Business Confederation of Portugal (CIP).

The Business Confederation of Portugal (CIP) on Monday said that the Covid-19 pandemic had already caused around 110,000 redundancies and that it was important to ensure that the new measures launched by the executive had the necessary effect.

“We know today that something like 110,000 jobs have already been lost,” said António Saraiva, in an online presentation of a survey carried out with the Marketing FutureCast Lab of ISCTE – the Lisbon University Institute.

He also noted that if the government had adopted the measures presented by the CIP at the beginning of the pandemic, it would have been possible to avoid “some of the bankruptcies and safeguard some of those jobs”.

Thus, the confederation demanded that it be ensuredand that the measures, put forward by the government to mitigate the impact of the pandemic, will fulfil their objective.

To do so, it argued that they should not have “difficult application processes and complex forms”.