What KasKasan Buddies Changed About How Filipinos Handle Money

KasKasan Buddies has helped make money conversations less intimidating by giving Filipinos a space to ask questions, share experiences, and learn without judgment.

JEG Tower Switches To COREnergy To Power Cebu’s Business Community

JEG Tower partners with COREnergy to power Cebu’s business community through more strategic and stable energy management.

From Credit Card Hacks To A Movement: How KasKasan Buddies Grew Into A Financial Literacy Community

KasKasan Buddies grew from credit card conversations into a two-million-member community helping Filipinos navigate financial literacy, digital safety, and smarter money decisions.

Monde Nissin Reports Record First Half Core Net Income Attributable To Shareholders Of PHP5.5 Bn, An Increase Of 16.1%

Monde Nissin reports stronger first-half earnings as revenue growth, margin gains, and disciplined cost management support its performance.

DOLE: 111K Workers Affected Due To Covid-1

DOLE: 111K Workers Affected Due To Covid-1

57
57

How do you feel about this story?

Express Your Reaction
Like
Love
Haha
Wow
Sad
Angry

Over 111,000 local employees and overseas Filipino workers (OFWs) were affected amid the Luzon-wide enhanced community quarantine implemented by the government to contain the coronavirus disease 2019 (Covid-19) outbreak.

Based on the Department of Labor and Employment’s (DOLE) Job Displacement Monitoring Report released on Monday, the affected local workers and OFWs reached a total of 111,780, many of them from nine regions that have imposed community quarantine.

Of the number, 108,620 workers from 2,317 establishments were affected due to the implementation of Flexible Work Arrangements (FWAs) and Temporary Closure (TC).

The DOLE report also said 889 establishments with 41,311 workers have implemented FWAs while 368 companies engaged in reduction of workdays, affecting 15,556 workers.

On the other hand, 225 firms implemented forced leave, leaving 9,941 workers without work while 58 other companies with 3,655 employees were also affected by the anti-virus measures.

While 600 establishments have temporarily closed and affected 30,796 workers, the labor department received no report of permanent closure.

Meanwhile, the report revealed that 3,169 OFWs were either repatriated, displaced or stranded due to travel restrictions.

Among the affected businesses were under manufacturing, hotels and restaurants, and tourism-related sectors, according to DOLE.

The nine regions that have reported temporary displacements are National Capital Region (NCR), Region 3 (Central Luzon), Region 4-A (CALABAZON), Region 6 (Western Visayas), Region 7 (Central Visayas), Region 11 (Davao Region), Region 9 (Zamboanga Peninsula), Region 12 (SOCCSKSARGEN), and Region 4-B (MIMAROPA).

The government earlier recommended the adoption of FWA to establishments to help cushion the impact of the Covid-19 pandemic on their companies as well as their workers. (PNA)

Photo Credit: facebook.com/ncrdole