ISIP Celebrates Labor Day in the Philippines
by Adriel Nisperos
In line with the celebration of Labor Day in the Philippines, we look at the impact of the COVID-19 crisis on the labor force. The COVID-19 and the ensuing Enhanced Community Quarantine (ECQ) has disrupted many businesses and created a new normal for workers globally.
As the global pandemic continue to shape the future of work, it is crucial that we adapt to the new normal without leaving anyone behind. One of the ways we can rise up from these drastic impacts is to support innovative social enterprises.
According to the International Labor Organization (ILO), two billion workers (81%) worldwide are affected by the pandemic and the lockdown measures.
Of all the affected sectors, the ILO’s Monitor finds that the sectors at most risk are facing grave impacts such as reduction of work hours, wage cuts, and even layoffs. The sectors at most risk are:
Wholesale & Retail Trade (482 million workers)
Manufacturing Services (463 million workers)
Real Estate, Business, and Administration (156 million workers)
Accommodation and Food Services (144 million workers)
In the Philippines, the Department of Labor and Employment (DOLE) reports that 2.1 million workers have lost their jobs. More than a million were displaced due to temporary closure of workplaces.
Metro Manila records the highest number of displaced workers all over the Philippines with more than 600,000 workers losing jobs. Central Luzon and Davao Region are also recording high displacement figures because of the global pandemic and the ensuing ECQ.