Over 400K Workers Lost Jobs in 2020 due to Pandemic – DOLE

The Department of Labor and Employment on Thursday (January 21) reported that over 400,000 workers from some 26,000 business establishments were left jobless last year due to the COVID-19 pandemic.

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The report was based on the labor department’s 2020 Job Displacement Report, which showed that a total of 428,701 employees from 26,060 establishments were left without jobs nationwide from January to December 2020.

Over 400K Workers Lost Jobs in 2020 due to Pandemic – DOLE
Credits: PNA

Job Displacement Report Records Over 400,000 Job Losses in 2020 due to Pandemic – DOLE

90% or 23,324 companies have adopted reduced workforce while the reminding 10 percent (2,736) reported permanent closure, the Philippine News Agency reported.

Based on the report, the National Capital Region (NCR) had the most number of displaced workers at 210,157 from 12,023 companies.

It was then followed by CALABARZON (Region 4-A) with 56,223 displaced workers from 2,985 establishments while Zamboanga Peninsula (Region 9) has the least number of affected workers at 1,615 from 164 businesses.

Meanwhile, throughout 2020, October tallied the highest number of reporting establishments (23 percent or 5,934) displacing 67,609 workers, followed by November with 4,838 reporting companies (19 percent) covering 94,711 affected workers nationwide.

The top three sectors with the highest displacement rates are from the administrative and support service activities with 80,803 from 2,599 establishments; other service activities with 79,522 from 4,617 companies and manufacturing, tallying 51,793 displaced employees from 2,202 establishments.

The said report was based on notices of shutdown and retrenchment submitted by employers to the DOLE Regional Offices.

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