Filipinos feel poor due to low pay, lack of jobs: think tank

ABS-CBN News

<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img alt="Women, carrying limited budgets ranging from 100 to 150 Php, purchase goods for their family" s="" meal="" for="" the="" day="" in="" a="" market="" Manila="" on="" April="" The="" group="" led="" by="" Partido="" Manggagawa="" demand="" from="" Marcos="" Jr.="" administration="" to="" lower="" prices="" of="" basic="" goods="" and="" issue="" cash="" aid="" Php="" wage="" ahead="" Labor="" Day="" May="" Mark="" ABS-CBN="" src="https://sa.kapamilya.com/absnews/abscbnnews/media/2023/news/05/09/20230427-wage-increase-market-protest-md-14.jpg"/><figcaption>Women, carrying limited budgets ranging from 100 to 150 Php, purchase goods for their family&#x27;s meal for the day in a market in Manila on April 27, 2023. The group led by Partido Manggagawa demand from the Marcos Jr. administration to lower prices of basic goods and services, issue cash aid for workers, and for a 100 Php wage increase, ahead of Labor Day in May 1. <em>Mark Demayo, ABS-CBN News</em></figcaption></figure></div><p>MANILA — A think tank on Tuesday questioned the government&#x27;s claim of improvements in the labor market in the country.</p><p>According to IBON Foundation executive director Sonny Africa, self-rated poverty is still rising due to the lack of better job opportunities combined with low wages and high inflation.</p><p>&quot;The employment situation is not improving. There are actually 200,000 less work [jobs] in March this year compared to in February,&quot; he told ANC&#x27;s &quot;Rundown&quot;.</p><p>&quot;The fact that you have less jobs, you have jobs being mostly informal work despite recovery, and the fact that you also have wages not increasing, I think that goes a very long way to explain why so many Filipino families, unfortunately, do still feel very poor,&quot; he added.</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/news/05/08/23/51-percent-of-filipino-families-say-theyre-poor-sws">51 percent of Filipino families say they&#x27;re poor: SWS</a></li></ul><p>The latest survey conducted by the Social Weather Stations revealed that some 51 percent of Filipino families considered themselves poor in the first quarter of 2023.</p><p>This translates to around 14 million families, up from the 12.9 million in December 2022, the pollster has said.</p><p>Meanwhile, the country&#x27;s unemployment rate came in at 4.7 percent in March, slightly lower compared to 4.8 percent in February.</p><p>This was equivalent to 2.42 million Filipino workers who were jobless out of 51 million in the labor force.</p><p>The underemployment rate also fell to 11.2 percent in March from 12.9 percent in February. Underemployed workers have jobs but wish to add more work hours.</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/05/08/23/ph-unemployment-rate-dips-to-47-pct-in-march">PH unemployment rate dips to 4.7 pct in March</a></li></ul><p>&quot;Because of this hiring ng private firms, in particular &#x27;yung mga private establishments, dun nanggaling &#x27;yung pagbaba ng underemployed. So, what we can surmise is that mas marami dito mga full-time jobs ang hina-hire ng private establishments,&quot; Philippine Statistics Authority Undersecretary Dennis Mapa has said.</p><p>Mapa has added that the economy is opening up so many are hiring full-time work but he couldn&#x27;t say all of those are high-quality jobs.</p><figure class="op-interactive"><iframe allow="autoplay; fullscreen" frameBorder="0" height="100%" id="ivsplayer01" scrolling="no" src="https://player.ivideosmart.com/ivsplayer/v4/dist/html/iframe-src.html?iframeid=ivsplayer01&amp;key=e8c22c015ca9eafa76f1e3edfa03c603&amp;spid=3001339&amp;vid=2609347" width="100%"></iframe></figure><div class="iwantbar">Watch more News on <a href="https://www.iwanttfc.com/#!/browse/Genres/News/tag_id_genres/id_news" target="_blank">iWantTFC</a></div><div><br/> </div>

A think tank on Tuesday questioned the government's claim of improvements in the labor market in the country.

Filipinos feel poor due to low pay, lack of jobs: think tank | ABS-CBN

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Filipinos feel poor due to low pay, lack of jobs: think tank

Filipinos feel poor due to low pay, lack of jobs: think tank

ABS-CBN News

Published May 09, 2023 12:19 PM PHT

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IBON Foundation

Sonny Africa

jobs

labor

poverty

unemployment

underemployment

jobless

work

wages

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