Philippines Real Time Monitoring of COVID-19 Impacts

Highlights (1) JOBLESS Employment • One in four household heads (who used to work) no longer works. Unemployment hit the construction sector the most (31% experiencing employment loss), followed by accommodation and food services (26%) and trades (25%). The highest rate of job losses were in Luzon Regions. • Over half of those who continued working experienced disruptions. Income & Livelihood • Share of households experiencing decreases in incomes were similar across all income groups. • . Overall, among households' heads still working, about 47% have experienced reduced income. About 65% of farm and nonfarm businesses experienced a decline in their revenues. However, the share of households earning no income at all was higher for poorer households. . Share reporting no income was 15% among households in the lowest income quintile vs. 5% among those in the highest quintile. • About 24% of households reported receiving remittances prior to COVID-19, but 60% of them have received less or no remittances since the pandemic.

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