High jobless rate reflects low public confidence in pandemic efforts – FINEX president

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Despite attempts to expand economic activities, the number of jobless Filipinos will remain high if the public does not trust the government's ability to contain the COVID-19 pandemic, the head of a business group says.

— Despite attempts to expand economic activities, the number of jobless Filipinos will remain high if the public does not trust the government's ability to contain the COVID-19 pandemic, the head of a business group said on Tuesday.

"Because even if you open the restaurants, the malls, the public transport, if the public does not have confidence in our ability to contain COVID-19, they won't go out," he told CNN Philippines' News Night. It is an improvement, however, from April 2020, when the number of jobless Filipinos soared to a record 7.3 million due to the economic shutdown brought by strict lockdown measures.

"I think going out or reopening the economy is not the cause of the surge," he said."I think we're having our guards down, we're not observing as strictly as before the health protocols."

 

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