The Philippines and Manila are some of the hardest hit economies due to COVID-19. Now the Filipino unemployment is forecast to be 22.5%, up from only 4.5% before the global epidemic. When an economy falls in the range of 91-92%, it is very unlikely it will have a sharp quick recovery. This Wuhan Virus caused the first recession in the Philippines in 29 years, with second quarter gross domestic product showing a decline in almost every single element of the economy.
In 2019, the Philippines was the 6th fast growing freelance gig economy in the world, at an amazing 35%! With over 20% of the economy living below the poverty line before the pandemic, it is sure to be much higher now. The Philippines needs to learn how to export their gig labor. For example, using locally-based global gigs they could sell their computer skills around the world and not wait for an island recovery. They could even do this as a side gig while they work or raise kids. They need to find an area where they are highly skilled and present it on the internet to be sold as a gig.
To help the Filipino people, we are providing a free online newspaper Communal News along with SHOP THE GLOBE (Sell Globally what you make locally) at no cost, and no pop up registration or following, so you can keep up with the global news. For those who make products, we ask you to sign up today to list products on our global wholesale network. At Shop the Globe, there are no out of pocket fees. Those who can provide services remotely can list their gigs at Freelance Global Gigs (FGG) Low Cost Marketplace also with no out-of-pocket fees.
Buy Research Report: Food Powder Packing Machines Market Demand Likely to Rise amid COVID-19 Pandemic
Buy Research Report: Ice Hockey Equipment Market to Grow 1.9X by 2030, Manufacturers to Prioritize Online Sales Channels
Buy Research Report: COVID-19 Inhibits Demand for Processed Meat amid Bottlenecks in Supply and Production
Buy Research Report: Oligonucleotide Synthesis Market on a Positive Growth Trajectory, Supported by Developments in Synthetic Chemistry, Projects
Buy Research Report: Global Advance Wound Care Market to Reach Nearly US$ 15 Billion by 2030
Click the Flag below and read this Website in your Native Language.
About us: We are working to provide either free or very low-cost global platforms with no restrictions to any country, allowing even the poorest global readers to have unfettered open access to news, information and services, in their own language — all while leading and teaching a path to global sustainable living.