job-losses | ABS-CBN News

Global jobs recovery delayed by pandemic uncertainty, Omicron, ILO says

Emma Farge, Reuters
Posted at Jan 18 09:52 AM

The global job market will taker longer to recover than previously thought, with unemployment levels set to remain above pre-COVID-19 levels until at least 2023 due to uncertainty about the pandemic's course and duration, the International Labor Organization said in a report. Read more »

UK's Heathrow Airport flags tepid travel recovery until 2026

Reuters
Posted at Oct 26 03:14 PM

Britain's Heathrow Airport Ltd said on Tuesday it was still reporting losses and does not expect air traffic to recover completely until at least 2026. Read more »

How ABS-CBN franchise denial affected its business

Infographic by Pamela Ramos, ABS-CBN News
Posted at Jul 09 06:00 PM

The impact of the shutdown and franchise denial translated to billions of pesos in losses as advertising and sales revenues plunged.  Read more »

One in two people globally lost income due to the pandemic - Gallup

Nita Bhalla, Thomson Reuters Foundation
Posted at May 03 01:25 PM

One in two people worldwide saw their earnings drop due to the coronavirus, with people in low-income countries particularly hard hit by job losses or cuts to their working hours, research showed on Monday. Read more »

Bilang ng mga nawalan ng trabaho sa unang 3 buwan ng 2021: higit 118,000

Michael Joe Delizo, ABS-CBN News
Posted at May 01 07:17 PM

Sa pagsusuri sa datos ng DOLE, higit 118,000 ang mga nawalan ng trabaho dahil sa pagbabawas ng mga empleyado o permanenteng pagsasara ng negosyo mula Enero hanggang Marso ng 2021.    Read more »

Suicides end 10-year decline in Japan as pandemic stress hits women harder

Elaine Lies, Reuters
Posted at Jan 22 10:07 AM

Suicides increased in Japan during 2020 after a decade of declines, with the number of women committing suicide surging amid the emotional and financial stress caused by the coronavirus pandemic even as fewer men took their own lives. Read more »

Dissecting Data: Looking back at the Philippine economy in 2020

Warren de Guzman and Edson Guido, ABS-CBN News
Posted at Dec 29 06:35 PM

2020 was a record year, a year like no other, for all the wrong reasons.  Read more »

US airlines to end year with 90,000 fewer workers

Agence France-Presse
Posted at Nov 13 11:39 AM

Hit with a collapse of demand, US airlines will end the year with the lowest number of workers since at least 1987, 90,000 fewer than when COVID-19 hit, an industry federation said Thursday.   Read more »

Lufthansa says 30,000 jobs at risk over pandemic

Agence France-Presse
Posted at Oct 26 10:48 PM

Lufthansa has warned that 30,000 jobs are under threat as it scaled down its winter schedule to levels not seen since the 1970s as demand for travel collapses because of the coronavirus pandemic.   Read more »

AirAsia Japan to shut down operations in December

Kyodo News
Posted at Oct 05 08:29 PM

AirAsia Japan Co., a unit of Malaysian budget airline AirAsia Group, said Monday it has decided to abolish all its routes, effectively closing down its Japan operations. Read more »

Singapore Airlines to shed 4,300 jobs due to virus

Agence France-Presse
Posted at Sep 10 09:06 PM

Singapore Airlines said Thursday it was cutting about 4,300 jobs -- about 20 percent of the workforce -- due to the devastating impact of the coronavirus, and warned any recovery would be "long and fraught with uncertainty". Read more »

PH remittances seen to drop 20 percent as ADB study assumes 'worst-case scenario'

ABS-CBN News
Posted at Aug 04 05:58 PM

The Philippines may see remittances from overseas Filipinos drop 20.2 percent this year compared to 2018 levels because of the disruptions caused by the COVID-19 pandemic, according to a study by economists at the Asian Development Bank. Read more »

UK airports warn 20,000 jobs at risk as travel slump continues

Reuters
Posted at Jun 24 08:23 PM

Up to 20,000 jobs could go at Britain's airports, an industry group warned, calling on the government to do more to help an aviation industry that was shut down by the COVID pandemic. Read more »

Labor chief disputes government data on 7.3 million jobless Filipinos

Arianne Merez, ABS-CBN News
Posted at Jun 10 01:20 PM

Labor Secretary Silvestre Bello III disputed on Wednesday official government data on unemployment, saying it was only a "survey." Read more »

DOLE chief: 2,068 firms reported closures due to COVID-19, 69,000 jobs lost

Arianne Merez, ABS-CBN News
Posted at Jun 10 12:58 PM

Labor Secretary Silvestre Bello said Tuesday 2,068 companies reported closures during the coronavirus pandemic, resulting in 69,000 job losses.   Read more »

Maraming negosyo sa Pampanga namemeligrong magsara: grupo

ABS-CBN News
Posted at Jun 06 07:33 PM

Sinalo ng isang meat processing plant sa Pampanga ang ibang nawalan ng trabaho, pero marami pa rin ang mga negosyong delikadong magsara. Read more »

Jobless Filipinos balloon to 7.3 million in April as unemployment soars in lockdown

ABS-CBN News
Updated as of Jun 05 04:59 PM

The Philippines' unemployment rate jumped to a record 17.7 percent during the coronavirus lockdown, official data released Friday showed, as the government moved to resuscitate the economy and stop further job losses. Read more »

US pandemic layoffs pass 42 million with 1.87 million new weekly claims

Agence France-Presse
Posted at Jun 04 10:14 PM

The ranks of US workers laid off at least temporarily by the coronavirus pandemic exceeded 42 million, with 1.87 million new jobless benefit claims filed last week, the Labor Department said. Read more »

Victoria Court boss says company in ‘survival mode,’ workers to be let go

ABS-CBN News
Posted at Jun 02 11:54 PM

Hotel and motel chain operator Victoria Court is retrenching workers after the COVID-19 crisis disrupted its operations, the brand's chiefs said.  Read more »

1 in 6 youth out of work due to pandemic: ILO

ABS-CBN News
Updated as of May 28 08:09 AM

Employed people aged 15-24 years old were also more likely to be in forms of work that leave them vulnerable, such as low paid occupations, informal sector work, or as migrant workers, ILO added. Read more »