Authorities step up to avert more job losses

Authorities step up to avert more job losses

Amid enterprises facing increased woes undermining economic growth, the government has been recommended to take prompt solutions to prevent growing unemployment.
Nearly 100,000 people claim unemployment benefits each month

Nearly 100,000 people claim unemployment benefits each month

There were nearly 100,000 people applying for unemployment benefits each month this year while the monthly average in 2019 was just 60,000-70,000, according to an official of the Ministry of Labour, Invalids and Social Affairs (MoLISA).
Philippines may lose 4.5 billion USD remittances to COVID-19: insider

Philippines may lose 4.5 billion USD remittances to COVID-19: insider

The Philippines is likely to lose about 228 billion PHP (4.5 billion USD) this year in remittances from about 10 million overseas Filipino workers (OFWs) due to the COVID-19 pandemic.