RETAIL ASSOCIATION: PROHIBITION OF BUSINESS ACTIVITIES FOR SUNDAY WILL IMPACT THE INCREASE OF UNEMPLOYMENT BY 20 PERCENT

The Retail Association expresses concern over the decisions of some municipal assemblies to ban business activity on Sunday.

This network, through an announcement, says that interference in the activities of business entities constitutes a restriction of free competition in the market economy.

“The decision to ban business activities on Sundays will complicate the operations of business entities, directly affecting the reduction of employment rates in municipalities. Based on data derived from businesses operating in the retail sector, it turns out that businesses will be forced to cut the number of employees by about 20 percent. The Retail Association considers the protection of the rights of vital workers in the development of the country’s economy, while the guarantee of these rights should be done through legal provisions that regulate the rights and obligations from the employment relationship without affecting the operations of entities. business. The decision to ban business activities on Sundays will undoubtedly have an impact on the reduction of sales revenue, which is projected at a rate of 8 percent turnover, which prevents the expansion and development of the retail sector. “Furthermore, such a decision in certain municipalities will have effects on increasing informality as a result of the lack of inspection capacities”, it is said in the announcement, Telegrafi reports.

Consequently, the Retail Association considers that any positive effect generated by such a policy will be outweighed by the negative impacts it would have on the country’s economy.

Finally, this network asks the Association of Municipalities in coordination with the respective municipalities to carefully reconsider the initiative to ban business activities for commercial facilities on Sundays, taking into account the negative impacts that this policy will generate in reducing employment rates. , increasing informality and deteriorating business environment.