"PH urged to create unemployment insurance", 18 March 2024

Southeast Asian countries should increase protection of workers whose jobs are dependent on the environment amid the impact of climate change, said the Organization for Economic Cooperation and Development, which also called on the Philippines to speed up the process of developing an unemployment insurance program.

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In the fisheries sector alone, OECD said workers in this segment represented 4.6 percent of total employment in the Philippines, the highest ratio in the region. ...

“As part of strengthening social protection, countries currently developing unemployment insurance programs (i.e. Cambodia, Lao PDR, Myanmar and the Philippines) are encouraged to accelerate the process in order to increase worker protection as soon as possible,” OECD said.

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”In the absence of national unemployment insurance, climate/disaster recovery support or green transition relief for the affected workers could serve as a temporary solution in the nearer term,” OECD said.