10.9 million Filipinos lost jobs, had lower incomes due to COVID-19 pandemic: ILO

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MANILA - Around 10.

9 million Filipino workers lost their jobs and had lower incomes and working hours this year as the COVID-19 pandemic affected the economy, according to a labor report released Tuesday.

High-risk sectors with most displacements include manufacturing, transportation and storage, accommodation and food service activities, as well as arts, entertainment, and recreation. For the Asia-Pacific region, the ILO report said around 81 million jobs were lost this year, which can bring up the unemployment rate in the region to as high as 5.7 percent from 4.4 percent in 2019.

These factors led to a higher number of 98 million "working poor" in the Asia-Pacific region this year. Working poor are classified as people living on less than $1.90 or around P90 a day, according to the ILO.

 

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