Many Filipinos living on P90 a day, says ILO
Many Filipinos and other workers in the Asian region are still living poorly, trying to make both ends meet with P90 a day, the International Labor Organization (ILO) reported yesterday.
In a report entitled “Visions for
The report noted that over one billion or 61.9 percent of the workforce in
“While the share of those who are living on less than $2 a day per person dropped from 67.2 percent a decade ago, it is not likely that there will be a major reduction in the relative size of the informal economy by 2015,” the report added.
According to the ILO,
“A great deal of serious work needs to be done to improve the quality of jobs,” the ILO said while noting the region’s expanding output will still not be enough to create the jobs needed to reduce poverty and the massive informal economy.
Aside from lack of quality of jobs, the report also mentioned aging labor force, increasing migration and rising inequality between extreme poor and other workers and long working hours as among major challenges facing Asian countries.
ILO Director General Juan Somavia said “
To resolve the problem facing
ILO will discuss the report during the three-day Asian Employment Forum that started yesterday in
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