This March 4, 2017 file photo shows young men looking for work.(Manila Times record photo)
There would be more than a million young Filipinos without paintings this year if the spread of the coronavirus disease 2019 (Covid-19) were contained only within six months and more than otherwise, the Asian Development Bank (ADB) and the International Labor Organization. (ILO) warned on Tuesday.
In his report, “Fighting the Covid-19 Youth Employment Crisis in Asia and the Pacific,” the Manila-based multilateral lender and the United Nations labor firm used two to allocate youth unemployment figures in the Philippines and some countries in the region.
In the first scenario, where coronavirus is contained within 3 months of the onset of efforts to do so, the number of unemployed Filipino youth is estimated at 687,000 this year, or 15.1%.
This is that 29.8% of Fiji and 29.5% in India; Indonesia 22.7%, Bangladesh 20.5%, Mongolia 28.5%, Sri Lanka 32.5% and Pakistan 17.3%.
In the second, where the disease is controlled within six months of the start of containment measures, the figure is expected to be successful at 1.019 million, or 19.5 percent consistent.
This projection is greater than 37.8 Sri Lanka, 36.8 Fiji, 32.5 from India, 30.4 from Mongolia, 25.3 from Indonesia, 24.8 from Bangladesh, 22.1 from Thailand and 21.5 from Pakistan.
According to the report, 3 of the top 4 sectors in which Filipino youth discovered paintings belonged to the so-called high-impact category of the Covid crisis, including wholesale and retail trade, accommodation, and catering and production services.
The BAfD and the ILO have said that the coronavirus pandemic has also interrupted schooling and training, noting that in the Philippines, three-quarters of corporate apprenticeships and internships have been interrupted.
They also claimed that the economic recession caused by the pandemic had led most of the companies that responded to the report to avoid paying wages or allowances to apprentices and apprentices.
For Asia and the Pacific as a whole, the AfDB estimated that task losses among other young people can succeed at 9.9 million in the first situation and 14.8 million in the second.
“An era of longer containment will naturally result in greater task losses.For peak countries, a six-month era will run until September when containment began in early April.This is probably the case in the Philippines,” the report says.
The report suggested that governments in the region interact with other young people in political and social dialogue, and to adopt urgent, large-scale and specific interventions.
They will need to focus on labour market policies, such as wage subsidies for other youth and public employment programs, and measures to mitigate disruptions in education and training, he added.
The report to assess the adverse effects of the pandemic on youth employment in the region and to present key policy responses.
“The effects are based on the estimated effect of the pandemic on the production of the sector for each country and the consequent decline in labour demand,” said the BAfD and the ILO.
You have effectively joined our subscriber list.