Palace is ‘glad’ that only 45% or 27 million Filipinos lost their jobs amid COVID crisis

Palace is ‘glad’ that only 45% or 27 million Filipinos lost their jobs amid COVID crisis

- The Palace commented over the recent unemployment rate in the Philippines

- Presidential Spokesperson Harry Roque explained that he is “glad” that only 45.5% of the Filipino adults are jobless

- He also mentioned how Filipinos are being resilient despite the lockdown that lasted for months

- Roque said that the only way to address the high unemployment rate is to revive the economy

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The Palace has released its statement after a recent Social Weather Stations (SWS) survey revealed that almost half of Filipino adults have lost their jobs amid the COVID-19 crisis.

KAMI learned that the Palace is “glad” that only 45.5% of Filipino adults are jobless.

Palace is ‘glad’ that only 45-percent or 27 million Filipinos lost their jobs amid COVID crisis

Photo from Getty Images
Source: Getty Images

In a report by GMA News Online (authored by Virgil Lopez), Presidential Spokesperson Harry Roque explained that Filipinos are resilient because there are a lot of people who still have jobs despite months of lockdown.

“Ako po’y nagagalak na hindi tayo 100% nawalan ng trabaho kasi sa tagal po na naka-lockdown tayo talagang I’m still surprised at our resilience at 45% pa lang po ang nawawalan ng trabaho,” he said.

“It could have been worse kasi nga po complete lockdown ang nangyayari sa atin,” he added.

However, the Palace said that the only way to address the high unemployment rate in the country is to revive the economy.

“We are of course saddened, but that’s to be expected with the lockdowns that we’ve had because of COVID-19,” Roque stressed.

“I think [the] government is looking at opening the economy and providing financial assistance to small and medium-scale enterprises and also assistance to strategic businesses even if it is not small and medium scale,” he added.

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Due to the COVID-19 crisis in the country, many Filipinos lost their jobs and livelihood. Many stores, establishments, and restaurants were also forced to close permanently.

Earlier, the SWS survey result revealed that about 45.5% or 27.3 million Filipino adults are jobless as of July 2020.

Meanwhile, the Bureau of Treasury also announced that the national government has a P9.05 trillion debt as of June 2020.

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Source: Kami.com.ph

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