More than 254,000 have been unemployed due to Covid

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Santo Domingo, DR The crisis that the Covid-19 pandemic has caused to the Dominican economy is reflected in the number of companies that have stopped contributing to the Social Security Treasury (TSS) and the number of workers left without jobs. The figures vary from month to month, but as of October 31, the Social Security Treasury registered some 3,351 fewer employers or companies than in October 2019 and 254,565 workers who stopped contributing, or rather, who no longer have formal jobs. Of the total number of employers who stopped contributing to the Social Security System, 62.45% (2,093) belong to companies with 16 to 50 workers, 14.20% (476) belong to companies with 51 to 100 workers, and 10.71%(359) belong to companies with payrolls of 1 to 15 employees. These numbers reflect […]

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