WITH the sad effects of Covid-19 falling down hard on our economy, job losses can be expected as companies downsize and lay off workers citing as reason therefore the low incomes being generated.
Statistics show that some 2,087 workers have been terminated in the last two months: 700 by Nokia, 700 by Wells Fargo, 387 by Honda and 300 by Philippine Airlines. We would expect more lay-offs should the bad effect of Covid-19 continue to affect us all.
Worse, it has reported that several big corporations have announced that they were pulling out of the country and settle in other countries more hospitable and have more conducive business climate.
With this scenario, the national government should implement countervailing measures to counter and absorb job losses including those in the national offices and agencies like the National Food Authority which downsizing will mean 1,134 workers losing their jobs and the Department of Health which had a substantial 2020 budget cut, so some 7,000 public health nurses will be disengaged next.
It has been challenging to do more than just monitor and mediate the settlement and separation pay for the affected workers. The Department of Labor and Employment is moving fast to come up with measures to cushion the impact of job losses.
It's fine now to look closely to the welfare and status of the overseas Filipino workers whose remittances have shot up to P1.74 trillion ($34.2 billion), exceeding the all-time high 2019 remittances of $33.46 billion.
Our modern-day heroes once again have saved our local economy and provided fuel to our struggling industries. They are the ones which should be given priority in government benefits and support.
Brettos, a fine meat and deli shop, has reopened its old site at Don Juico, Balibago and has now a well-stocked deli featuring imported beef and different assortment of cheese and sausages.
It is a well-patronized outlet by both locals and expatriates and boasts of good food and deli items from Australia and the United States.
It is owned by Bernard, an amiable Israel and managed by Richard Mansveld, a Dutchman.
Jonathan G. Ponce, a younger brother of Angeles City Councilor Joseph PG Ponce, has been appointed Director at the Clark International Airport Corporation.
This is in recognition of the managerial ability and competence of the Ponce siblings. Another brother, Jerry once served at the Bureau of Immigration in Clark.