The real economic victims of coronavirus are those we can’t see

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The real economic victims of coronavirus are those we can’t see
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THE COVID-19 coronavirus is officially a pandemic, the US and Australian share markets have collapsed, both governments have unveiled stimulus package...

coronavirus is officially a pandemic, the US and Australian share markets have collapsed, both governments have unveiled stimulus packages, and Australia’s trade union movement is worried about the position of casuals.20,000 garment workers in Cambodia face job losses from factory closures because of shortages of raw materials from China and reduced orders from buyers in the virus-affected locations including the United States and Europe.

As work dries up, desperation among workers grows. In such circumstances working conditions can quickly deteriorate at the hands of unscrupulous employers. This can result in modern slavery, which includes forced labour and human trafficking. From this year, the more than 3,000 companies with turnovers in excess of A$100 million will have to publicly report on the modern slavery risks in their operations and supply chains and the action they have taken to tackle them as a requirement of Australia’s new Modern Slavery Act.

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