AP /Atlanta JC/ P. Haven/ Long Feature/
Raul Castro's plans to lay off half a million unneeded workers has stalled after union resistance leaving many anxiously waiting for the ax to fall.
Five months after the announcement to lay-off 10% of the work force by 31 March, finding an unemployed person is rare or even somebody who knows a person who has lost a job.
Some observers say Castro is wise to go slow.
"It makes a lot of sense that they haven't done anything," said D.C. economist Rafael Romeu. "Laying off half a million people — that's a difficult adjustment to carry out in such a short time. They are changing the social compact in a way they haven't done in the last 52 years."
Popular Posts
- MEXICO: Narcos "Force Down" Police Helicopter In Michoacan.
- MEXICO: Little Hope Remains For 9 Coal Miners After Explosion Kills 5; Billionaire Carlos Slim Slammed By Court.
- MEXICO: Indigena Michoacan Residents Defy Narcos.
- EASTERN EUROPE: 17 Mar. UPDATE: 2 New Nukes...Still In Poles Future...Despite Japanese Tragedy; Merkel Imposes Old Nukes Moratorium; Czechs, Slovaks And Others Support New Nukes.
- MEXICO: C.Bank Bought...90 Tons Of Gold...In Past 3 Months.
- SERBIA: Singer "Ceca" Charged With Embezzlement.
- HONDURAS: Zelaya Free To Return...After Arrest Warrants Dismissed.
- ARGENTINA: Gen. Menendez...Gets Another Life Sentence...For Killing 5 During "Dirty War."
- MONDAY MORNING MUSIC: From USA: Katy Perry's "Rainbow."
- BRASIL/ LIBYA: S.Paulo Surgeon Claims Gadhafi Had Cosmetic Surgery in 1995.
