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Philippine Developments Economic Human Societal

3.9 million Filipino workers might lose jobs

In this article for The Manila Times, author William Depasupil says that 78% of businesses affected by COVID-19 will remain closed for months, hence leading to the loss of some 3.9 million jobs. The figure included both local and overseas Filipino workers. 

Editor’s Note: Will the Philippines have the capacity to ensure that basic needs of the families of these workers are met? Or will they belong to the 60M people around the world who will descend into extreme poverty [see World Bank: Pandemic Could Push 60M Into Extreme Poverty]. Is this price we paid for lockdowns worth it? 

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