CAIM PH

Every household needs funds to purchase their daily needs like food and shelter. It is also a given that to get these funds, you would need a stable job or work. This makes it hard for Filipinos especially with the economic effects of the current COVID-19 pandemic. Companies and corporations lay off workers to alleviate their financial losses, leading to more citizens without a livelihood.

Statistics show that within just 4 months (July 2021-October 2021), the percentage of national employment increased from 6.9% to 7.4%. This indicates thousands of jobless workers without living wages. Government regulations limit businesses from hiring more workers along with their financial limitations.

REFERENCES:
*JULY
- Unemployment at the regional level in July 2021 showed that six of the 17 regions registered rates higher than the national estimate of 6.9 percent, namely, National Capital Region (NCR) (9.0%), Region VII-Central Visayas (8.8%), Bangsamoro Autonomous Region In Muslim Mindanao (BARMM) (8.2%), Region V-Bicol Region (7.9%), Region IV-A (CALABARZON) (7.7%), and MIMAROPA (7.1%).

*OCTOBER
- At the regional level, six regions posted unemployment rates higher than the national figure of 7.4 percent in October 2021, namely: CALABARZON (10.3%), MIMAROPA (10.0%), NCR (9.2%), Region V (9.0%), Region I (8.4%) and Region VIII (7.6%). (Table 4)

Poverty is hunger, inability to purchase necessities, and having a mental breakdown about the future. It prevents us from meeting our most basic needs.

The Philippines has a long history of poverty. It's a problem that's been going on for a long time and that everyone is aware of. Poverty in the Philippines was estimated to be 23.7 percent, or 26.14 million people, in the first semester of 2021.

In the first semester of 2021, the subsistence incidence, which is related to poverty and measures whether an income is enough to feed a whole family, was recorded at 9.9%, or about 10.94 million Filipinos.

REFERENCE:
https://psa.gov.ph/content/proportion-poor-filipinos-registered-237-percent-first-semester-2021