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
- UKRAINE: Parliament Brawls Over Ex-PM Tymoshenko's Criminal Charges.
- ITALY : Ruby Heartstealer Testifies About Bunga Bunga Parties at Milano Trial.
- AUSTIN,TEXAS: Dell's Decline Revealed in A Lawsuit Over Defective Computers.
- Profile of a Cuban Spy
- TEXAS / USA / IMAGES : 6 Dead, 200 Homes Damaged After 16 Tornadoes Ravage Granbury, Cleburne.
- COSTA RICA / PERU / COLOMBIA : 17 May UPDATE : 2 More Aides Resign After Prez. Chinchilla Comes Under Fire For Free Flights On Alleged Narco Jet; Key Minister Resigns Over Flight From Bogus Person.
- BRASIL : Dilma Wins Port Privatization Approval From Congress.
- POLAND: PM Tusk Rejects Russian Crash Report Draft.
- MEXICO: Assassination Of Leading Political Candidate Shocks Nation.
- CHINA / VIDEO : Dissident Artist Ai Weiwei Releases Critical Funky Rock Video.