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View Full Version : Flea market millions



NewsWhore
12-03-2007, 02:00 PM
The Sunday market that takes over the southern end of Luperon Avenue generates RD$40 million each week, according to a report in Hoy newspaper. About 6,900 people go there to sell stuff, and local authorities have had to put a freeze on new permits. The same thing has happened in Santiago where 10,000 newly unemployed people have applied for licenses to become informal salespersons. According to market manager Jose Manuel Caro, 20,000 requests have been received for permits to enter the Luperon flea market as well as 10,000 requests in Santiago. National unemployment figures are at 16% and informal workers are believed to make up some 35% of the workforce, according to the World Bank. The markets have been so popular that the major telecommunications companies send mobile units that offer cellphone service packages and call cards.

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