Browsing: Job market

Following COVID-19 pandemic-related travel restrictions, it is predicted that up to millions of African jobs will be lost in the aviation and aviation-related industries, according to a report by Air Transport Action Group.  The report revealed that 4.5 million jobs out of Africa’s 7.7 million aviation-related employment would be lost. Up to 172,000 jobs in the aviation sector alone have been lost by the end of 2020. 

Subsequently, the aviation sector in Africa is estimated to fall by 58 percent, that is US$37 billion, compared to pre-pandemic levels. 

Moreover, the Organisation for Economic Co-operation and Development (OECD) Employment Outlook indicates that the effect of the containment measures is worse than the 2008 financial crisis. The result of the current crisis has led to “an exceptional drop in activity and unprecedented job losses. Up to 10 times fewer hours were worked in some countries, compared with