Informal jobs that were considered of poor quality still account for the majority of employment in the Philippines, according to Ibon Foundation Inc.
INFORMAL jobs that were considered of poor quality still account for the majority of employment in the Philippines, according to Ibon Foundation Inc.
“The Marcos Jr administration should be less obsessed with constantly projecting a rosy picture of economic recovery and be more concerned with the harsh reality of poor-quality work, low incomes and high prices that millions of ordinary Filipinos are faced with,” Ibon said. Ibon expressed concern that informality in the economy may be worsening given the decline in the average hours worked in January 2023.
Further, by class of worker, the number of wage and salary workers declined by 714,000 to 29.5 million from 30.2 million. Ibon said this is due to the drop in the number of those working in private establishments – a decline of 576,000 from 23.6 million to 23 million.
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