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  1. Monseratto's Avatar
    Monseratto
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    July 27th, 2020 10:47 AM #2601
    7 million unemployed and many closures still on the way...can we see the D word on the horizon...??

    ECOP reports 52% of businesses closing
    Employers said that 52.66 percent of micro, small, and medium enterprises (MSMEs) have closed down permanently and partially due to the prolonged lockdown the Duterte administration has imposed since March this year.

    In addition, the survey also showed that 12.55 percent of MSMEs have limited operation while 34.79 percent have managed to continue their operations as of end April.

    Aside from local employment, Lacson said that thousands of overseas Filipino workers are awaiting repatriation. “It will swell unemployment figure,” he warned. “The Philippine economy is consumption driven and the fear of COVID-19 instilled in them will depress demand again leading to production cutback, loss of jobs and economic hardship,” he said.


    The survey also showed that 17.7 percent or about 8 million workers have been rendered jobless.
    Last edited by Monseratto; July 27th, 2020 at 11:03 AM.
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  2. uls's Avatar
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    July 27th, 2020 11:30 AM #2602
    Quote Originally Posted by Monseratto View Post
    7 million unemployed and many closures still on the way...can we see the D word on the horizon...??

    ECOP reports 52% of businesses closing

    depression

    i got another d word -- dystopia
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  3. Lin Dan's Avatar
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    July 27th, 2020 01:38 PM #2603
    adjustments.jpg

    Kaya pala massive retrenchment sa BDO


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  4. uls's Avatar
    uls
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    July 27th, 2020 01:54 PM #2604
    madami di makabayad ng utang
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    July 27th, 2020 01:55 PM #2605
    Quote Originally Posted by uls View Post
    madami di makabayad ng utang
    Yes bad debts or delinquent loans


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    July 27th, 2020 02:00 PM #2606
    kaya April palang i was concerned about the financial system
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  7. shadow's Avatar
    shadow
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    July 27th, 2020 02:29 PM #2607
    Ano kaya ang marami bad debts sa mga banks ngayon? Car? Housing? Or sa mga big business dahil humihingi restructuring?

    dami talaga in a bad situation because of this pandemic.

    Before this ang kayang kaya mga loans then biglang dumating ito. For cars. I think one can easily give it up pero paano pag bahay?

    Tapos paano pag dual income then biglang naging single income household na lang?

    Then with all the bills knocking on the door. Paano? Can't imagine what a lot of people are going through right now.
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    Last edited by shadow; July 27th, 2020 at 02:34 PM.
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  8. shadow's Avatar
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    July 27th, 2020 02:41 PM #2608
    Paano makaka generate ng jobs para sa mga nawalan ng trabaho? Sino ba mga nawalang karamihan mga rank and file sa Office?


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  9. uls's Avatar
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    July 27th, 2020 02:46 PM #2609
    i guess all kinds of loans... from business loans to consumer loans

    ito Philippine Chamber of Commerce

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    July 27th, 2020 02:58 PM #2610
    Quote Originally Posted by shadow View Post
    Paano makaka generate ng jobs para sa mga nawalan ng trabaho? Sino ba mga nawalang karamihan mga rank and file sa Office?


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    noong ECQ automatic walang sweldo mga no work no pay

    ung transition from EQC to GCQ di lahat na-hire back

    madami naging permanent ang job loss specially mga business not allowed to open kahit GCQ

    kahit mga business na allowed to open hindi full workforce... 50% lang tapos reduced hours

    wala... survival talaga priority for 2020

    physical and financial survival
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    July 27th, 2020 03:00 PM #2611
    Yung 25% unemployment rate na forecast ng BDO possible ba na mas mataas pa?
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  12. kagalingan
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    July 27th, 2020 03:02 PM #2612
    Quote Originally Posted by uls View Post
    noong ECQ automatic walang sweldo mga no work no pay

    ung transition from EQC to GCQ di lahat na-hire back

    madami naging permanent ang job loss specially mga business not allowed to open kahit GCQ

    kahit mga business na allowed to open hindi full workforce... 50% lang tapos reduced hours

    wala... survival talaga priority for 2020

    physical and financial survival

    Pag pasok naman year2021 eh problema ulit yung mga nakabunits nabuntis.

    #besingle

    #condom

    #wagmoipuputok

    #ihugotmo
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  13. shadow's Avatar
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    July 27th, 2020 03:04 PM #2613
    Quote Originally Posted by kagalingan View Post
    Pag pasok naman year2021 eh problema ulit yung mga nakabunits nabuntis.

    #besingle

    #condom

    #wagmoipuputok

    #ihugotmo
    Ang problema recovery sa 2021 if matapos na itong China virus. Baka marami pa hinde pa maka recover dahil wiped out this year.


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    July 27th, 2020 03:05 PM #2614
    Quote Originally Posted by Wh1stl3r View Post
    Yung 25% unemployment rate na forecast ng BDO possible ba na mas mataas pa?
    Taas yab ah. So more or less 25M, ano ba acceptable rate? Uls?


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    July 27th, 2020 03:07 PM #2615
    Quote Originally Posted by Wh1stl3r View Post
    Yung 25% unemployment rate na forecast ng BDO possible ba na mas mataas pa?
    pwede

    more businesses are going to close
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    July 27th, 2020 03:09 PM #2616
    Quote Originally Posted by shadow View Post
    Taas yab ah. So more or less 25M, ano ba acceptable rate? Uls?


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    look at this

    grabe

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  17. shadow's Avatar
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    July 27th, 2020 03:12 PM #2617
    Quote Originally Posted by uls View Post
    look at this

    grabe

    Kakatakot!


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    July 27th, 2020 03:18 PM #2618
    Quote Originally Posted by shadow View Post
    Ang problema recovery sa 2021 if matapos na itong China virus. Baka marami pa hinde pa maka recover dahil wiped out this year.


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    diba meron pinag uusapan ano ang magiging shape ng recovery

    ung V shape -- bagsak then sharp bounce

    ung U shape -- bagsak then a depressed period then tataas

    ung L shape -- bagsak then a long depressed period

    meron nagsasabi L-shaped daw ang mangyayari sa PH
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    Wh1stl3r
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    July 27th, 2020 03:22 PM #2619
    Quote Originally Posted by uls View Post
    look at this

    grabe

    We're all f**ked.
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  20. shadow's Avatar
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    July 27th, 2020 03:24 PM #2620
    Quote Originally Posted by uls View Post
    diba meron pinag uusapan ano ang magiging shape ng recovery

    ung V shape -- bagsak then sharp bounce

    ung U shape -- bagsak then a depressed period then tataas

    ung L shape -- bagsak then a long depressed period

    meron nagsasabi L-shaped daw ang mangyayari sa PH
    Kahit mag stimulus sila and hinde na kontrahin ni Dominguez yun amount? Hind rmag V shape?


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