lockdown

Q2 rebound isn’t recovery, will fade without real stimulus – IBON

August 10, 2021

NEWS

The positive second quarter growth in gross domestic product is only a rebound from the record economic collapse in the same period last year. It is not a sign of recovery gaining traction.

June labor force survey confirms economy not recovering despite reopening

August 3, 2021

The latest labor force survey (LFS) shows how far away the economy is from recovering without real fiscal stimulus. Job generation is hollow with a bloating informal sector and huge contraction in full-time work. These will worsen with the looming ECQ which will push millions of Filipinos into deeper economic distress.

IBON Executive Director Sonny Africa on ayuda and lockdowns

July 31, 2021

IBON Executive Director Sonny Africa on ayuda and lockdowns

Ayuda urgent as jobs crisis worsens from govt’s failed lockdowns, response

June 10, 2021

Latest labor force data confirm that the jobs situation is still much worse than before the pandemic. Government’s over-reliance on destructive lockdowns to contain the coronavirus is ineffective and only causes unnecessary economic distress for tens of millions of Filipinos. At the very least, immediately providing substantial ayuda grows more urgent by the day.

Measly ECQ aid an afterthought — IBON

March 31, 2021

Poor and low-income families in NCR+ deserve not just Php1,000 but at least Php10,000 in emergency cash subsidies to be distributed immediately, or ten times more than being offered after a year of lockdowns.