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Half a million Mongolians face losing jobs if lockdown continues www.news.mn
Most employees are working from home after Mongolia issued a second decree emergency situation and imposed a travel ban, which has left thousands of Mongolians stranded – in Ulaanbaatar people are banned from leaving home apart from buying necessary provisions. However, 13 organisations such as energy-sector workers, health workers, media, food production plants and supermarket staff are being allowed to work normal hours.
The Mongolian National Chamber of Commerce and Industry has conducted a survey for examining the impacts of lockdown on business. More than 3500 enterprises from various sectors including tourism, media technology, mining, transportation, production, construction, education and retail have participated in the survey. According to the results of the survey, 82 percent of private businesses have fully stopped operations and 13 percent are operating with limited capacity.
Since 12 November, some 152 thousand jobs have been cut. Subsequently, if the lockdown continues for a further three months, half a million people will lose their jobs.
Published Date:2020-11-30
