Articles worth reading

Duterte asks NBI to investigate J&T Express

account_balanceMetro Manila access_time4 days ago

President Rodrigo Duterte said he asks the police and the National Bureau of Investigation to investigate a courier service over complaints on how they handle cargo. He said he will also have the Bureau of Internal Revenue look into the finances of ...

Taguig shuts down businesses violating health standards 

account_balanceTaguig access_time4 days ago

Taguig City temporarily closed several establishments for allegedly disregarding minimum health standards put in place amid the threat of Covid-19. “The city has temporarily closed several establishments that do not adhere to minimum health st...

Asia United Bank (AUB) chairman and director Abraham Co / Facebook / AUB

Stable business key to fighting Covid-19

account_balanceMetro Manila access_time4 days ago

Being stable allows any company to face the effects of the coronavirus disease (Covid-19), according to a bank executive.  During a virtual annual stockholders meeting, Asia United Bank (AUB) chairman and director Abraham Co said the physi...

Metro News

10 million workers likely to be displaced amid pandemic 

account_balanceMetro News account_circleMylene Santos chat_bubble_outline0 Comments

The Department of Labor and Employment warned that 10 million workers may lose their jobs this year because of the Covid-19 pandemic.

Labor Secretary Silvestre Bello III admitted this unemployment figure during yesterday’s Senate committee of the whole hearing, after he was asked by Senate President Pro Tempore Ralph Recto.

"I hate to say it but it's possible," said the Labor Secretary.

At present, Bello reported that 2.6 million workers have already lost their jobs due to the temporary closure of businesses affected by the COVID-19 pandemic.

Bello initially estimated that four to five million will be jobless as the pandemic continues to grapple the country.

Karamihan po 'yan sa service sector. Malaki po ang tourism, 'yung allied businesses like restaurants, then transportation,” said Bello.

[Translation: Most of the job losses will be in the service sector. The tourism sector will also have big job reductions, including allied businesses like restaurants. The transportation sector will also be affected.]

Recto agreed with Bello’s projections on job losses, considering that only 50 percent of workers in some businesses are allowed to go back to work.

Department of Tourism Secretary Berna Romulo-Puyat mentioned in the same Senate hearing that last April, the tourism sector had no revenue due to zero tourist arrivals.

She expects around 50 percent drop in revenue in the tourism sector by the end of the year.

Puyat added the tourism sector provides jobs to 5.4 million Filipinos or about 15 percent of the total employment in the country.

Despite the expected huge job losses in the country due to the COVID-19 pandemic, Bello said they are expanding its Tulong Panghanapbuhay sa Ating Disadvantaged/Displaced Workers or TUPAD program to assist those who will lose their jobs.

The Labor Department also said government is bent on resuming pending infrastructure projects that can give jobs to those who will be jobless.

“We have talked to the leaders of the construction industry that when they start implementing these contracts, they should increase their workers by 10 percent to 20 percent,” said Bello.

Bello added the DOLE has requested for a %u20B140-billion budget from the House of Representatives for its recovery programs.

The national government imposed an enhanced community quarantine in the country last March 16, which included strict stay-at-home orders and suspension of on-site work operations to further avert the spread of the virus.

Last May 16, the government eased quarantine measures in some areas in the country, including Metro Manila, and allowed some businesses to gradually resume their operations.

DOLE continues to provide cash subsidy to informal workers affected by the quarantine through its COVID-19 Adjustment Measures Program, where each worker will receive a %u20B15,000 financial assistance.

date_rangeDate Published
1 month ago
shareShare article
folder_openArticle tags
content_copyCategorized under

Share your thoughts with us

Related Articles

Japeth Aguilar does some stretching exercises after Ginebras practice / PBA Images

Basketball practices allowed to resume

account_balanceMetro Manila chrome_reader_mode2 days ago

The government has allowed practices and conditioning for basketball and football to resume amid the community quarantine aimed at curbing the spread of COVID-19. In a televised briefing on Friday, presidential spokesperson Harry Roque said the Inte...

NBI to hold another round of virus tests 

account_balanceMetro Manila chrome_reader_mode3 days ago

The National Bureau of Investigation (NBI) is set to conduct another round of rapid testing for the coronavirus disease 2019 (Covid-19) among its workers and detainees starting July 3. Speaking to newsmen Wednesday, NBI deputy director and spokesper...

Malacanang not involved in proposal to rename NAIA 

account_balancePasay chrome_reader_mode6 days ago

Malacañang Palace distanced itself from the lawmakers’ move to rename the Ninoy Aquino International Airport (NAIA) to Paliparang Pandaigdig ng Pilipinas. Presidential Spokesperson Harry Roque said the Palace will leave it to Congress t...

Photo courtesy of: PIO Mandaluyong

Mandaluyong tests 750 residents of Addition Hills

account_balanceMandaluyong chrome_reader_mode5 days ago

Around 750 residents of Barangay Addition Hills in Mandaluyong City were subjected to a coronavirus test June 29. On its official Facebook page, the local government said the mass testing in the city is being conducted in cooperation with the Depart...

Los Angeles Clippers point guard Landry Shamet / AP Photo/Ross D. Franklin

Shamet tests positive for Covid-19

account_balanceMetro Manila chrome_reader_mode12 hours ago

Los Angeles Clippers point guard Landry Shamet tested positive for the coronavirus and is unlikely to travel with the team to Florida, The Athletic's Shams Charania reported Saturday. In his second NBA season, the 23-year-old Shamet averaged 9.7...

Let's Stay Connected Like us on our Facebook page.
×
Click on the article to continue reading
Agora Market up for rehabilitation 6,000 jeepneys return to roads MMDA to close EDSA U-turn slots Economists see recovery in Q3 MRT-3 reduces operations after virus outbreak Website for plasma donation launched Send Press Release MNC Facebook Page MNC Twitter Page MNC Instagram Page LGU Spotlight Barangay Front Business Sports Entertainment Metro Gen Metro Feature