MANILA - About 196,000 members of the Social Security System have received a total of P2.62 billion in unemployment benefits, most of which were released during the COVID-19 pandemic, the Finance Department said Tuesday.
Many workers lost their jobs after smalls firms temporarily or permanently closed due to the restrictions imposed to curb the spared of COVID-19. The data was released in response to the Senate Committee on Finance's Vice Chairperson Senator Grace Poe's inquiry on the provision of financial assistance to the unemployed during the pandemic last Sept. 9, the DOF said.Finance Committee Chairman Senator Sonny Angara and Senator Poe were both given a copy of the letter, it added.
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