Tuesday, September 14, 2010

Cuba move to cut 500,000 government jobs is biggest change in decades - CSMonitor.com

Cuba move to cut 500,000 government jobs is biggest change in decades - CSMonitor.com: "According to the Associated Press, some 5.1 million people work for the Cuban state, or 95 percent of all workers, which means that 10 percent of the workforce could soon be unemployed.

The government also announced that more Cubans will be allowed to create their own employment opportunities, form employee-run cooperatives, and lease more state land and businesses. Those Cubans who are not made redundant in state jobs will also face a new salary system that rewards productivity."

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