PH labor market rebounding but not recovering – IBON

December 4, 2020

News | The labor market rebounding as lockdown restrictions are eased should not be mistaken as ‘recovery’. More than people returning to work, the term should mean returning to the same levels of employment as before. Recovery can only happen with substantial economic stimulus with sufficient government financial assistance or subsidies to workers affected by the pandemic.

IBON Executive Director on October 2020 labor force survey results

December 3, 2020