In their October 16 press release, The Social Security System (SSS) has approved over P1.923 billion loans under its enhanced Pension Loan Program (PLP) from January to August 2021, benefitting 43,424 retirement pensioners. Read the full press release here:
In their October 4 press release, the De La Salle University’s non-stock, non-profit institute unveiled their newest president to the public. Read the full press release here:
Pre-pandemic, the country's state of education was already beset with a multitude of issues and concerns such as overcrowded classrooms, unattractive compensation packages for educators and poor public education infrastructure quality. As a further indication of the state of our education, the Philippines ranked lowest out of 79 countries in the Organization for Economic Cooperation and Development's (OECD) Program for International Student Assessment in 2018.
The COVID-19 pandemic has not only claimed the lives of so many Filipinos but also taken away work and earning opportunities for many willing and able workers due to forced closures brought about by periodic lockdowns. In August 2021, the unemployment rate rose to 8.1% or equivalent to about 3.9 million jobless Filipinos as the country went back to implementing harsh lockdowns due to the rapid transmission of the Delta variant.
The COVID-19 pandemic and resulting lockdowns across many parts of the Philippines exacerbated poverty levels in the country as poverty incidence in 2020 rose to 20% of the population or equivalent to about 22 million poor Filipinos (from pre-pandemic figures of about 17.7 million in 2018). The loss of jobs by over 8.7 million Filipinos in April 2020 is also considered a major contributing factor to the sharp increase in poverty incidence. Based on studies by the Philippine Disaster and Resilience Foundation, about 70% of businesses were forced to closed due to the implemented restrictions.
“The fact that the President has full trust and confidence in me is a rare find between boss and subordinate relationship. I promise to myself to repay this warm gesture with integrity in the forefront of my office,” Sec. Duque on PRRD's support towards him.