< Back

PBEd: Students losing thousands of pesos in future earnings due to prolonged school shutdowns

PBEd | March 10, 2021

Filipino students are losing thousands of pesos in projected annual future earnings due to prolonged school closures caused by the COVID-19 pandemic, advocacy group Philippine Business for Education (PBEd) said Wednesday on the first anniversary of face-to-face class suspensions in the country.

 

“Our schools have been closed for a year now, and the longer they remain shut, the bigger the economic losses will be for our students – future workers who are not learning properly right now because of inaccessibility and poor quality of education,” PBEd Executive Director Love Basillote said. “Graduates who did not learn properly in school are less likely to land higher paying jobs because they lack the skills that would make them competitive in the labor market.”

 

In its report on the impact of the COVID-19 pandemic on learning, the World Bank noted that the pandemic, which has prompted school closures, could result in a loss of 0.6 years of schooling adjusted for quality. According to its Human Capital Index 2020 report, Filipino children who start school at age 4 can expect to complete 12.9 years of school by the time they reach 18. In reality, however, when factoring in what students actually learn, the learning-adjusted years of school is only at 7.5 years for Filipino students.

 

The multilateral financial institution added that shorter learning-adjusted years of school mean bigger economic losses for the individual in the long term. Based on the World Bank simulation, the Philippines is in “pessimistic” territory with school closures lasting for seven months or more. Exactly a year ago today, the government declared school suspensions in Metro Manila from March 10-14, followed by community quarantine guidelines which are still in effect today.

 

Being in the pessimistic scenario represents at least $531 in lost annual earnings every year, or around PHP25,800, which is roughly equivalent to one month’s income of an average Filipino family. Accounting for total projected years of work until retirement age, total losses amount to more than P1 million for each Filipino student.

 

“We are calling on the national and local governments to work together in ensuring that we have a clear and immediate plan to safely reopen our schools so that our students can continue learning,” Basillote said. “We have to do everything in our power to provide flexible learning options, skills training interventions and employability support to our students so that they can live up to their potential.”

Latest News

PBEd Statement on the 2025 General Appropriations Act

PBEd | January 02, 2025

PBEd Statement on Education Budget in the 2025 General Appropriations Bill

PBEd | December 17, 2024

PBEd: Passage of EBET law to maximize high TVET employment rate

PBEd | November 07, 2024

PBEd on the signing of ARAL bill into law

PBEd | October 18, 2024

PBEd bats for teacher licensure reforms to enable a more effective education system

PBEd | October 16, 2024

PBEd to new DILG Secretary: Mobilize local governments to respond to the learning crisis

PBEd | October 09, 2024

PBEd backs the administration's goal of improving teaching quality in the country

PBEd | October 01, 2024

PBEd, Citi Foundation tap youth leaders to harness digital solutions in addressing challenges in their communities

PBEd | September 30, 2024

USAID-Sponsored Private Sector Summit Highlights Industry and Government Support for Filipino Out-of-School Youth

PBEd | September 18, 2024

Australian Government, PBEd seek to bolster education quality in Baguio through school leadership program

PBEd | August 31, 2024

USAID, PBEd open training opportunities for 2,000 out-of-school youth in Zamboanga

PBEd | August 14, 2024

PBEd on the Creation of the Cabinet Cluster for Education

PBEd | August 13, 2024

Biz groups, civil society commit to boost literacy through Brigada Pagbasa Partners Network

PBEd | July 31, 2024

PBEd statement on the State of the Nation Address

PBEd | July 22, 2024

Statement of Support for the Department of Education on Improving Student Outcomes and Making K to 12 Graduates Employable

PBEd | July 19, 2024

PBEd: Continuous skills development of workforce vital in addressing threat of AI

PBEd | July 18, 2024

PBEd: More companies open and already hiring K-12 grads

PBEd | July 10, 2024

PBEd, VST ECS collaborate to enhance youth employability for digital jobs

PBEd | July 02, 2024

YouthWorks PH marks sixth year with new partnership, more training graduates

PBEd | June 27, 2024

PBEd Statement on the resignation of Vice President Sara Duterte as DepEd Secretary

PBEd | June 19, 2024

PBEd: Urgent movements in TEC needed to improve teaching quality

PBEd | June 11, 2024

PBEd: Tagbilaran LGU and Partners Institutionalize Career Readiness Program for Out-of-School Youth

PBEd | May 27, 2024

PBEd: Industry participation in skills training crucial for K-12 employability

PBEd | May 11, 2024

Skills Map for Careers in Analytics and Artificial Intelligence Launched

PBEd | May 08, 2024

PBEd urges business leaders, stakeholders to take active role in workforce development

PBEd | May 01, 2024

PBEd to DepEd: Capacitate and reinforce local stakeholders’ participation to address education crisis

PBEd | April 08, 2024

Mandaue City invests in future skills training for the youth with PBEd’s Future Skills Now

PBEd | March 18, 2024

PBEd Statement on DepEd’s Decision to Revert to the Old School Calendar

PBEd | February 21, 2024

Filipino Youth to Train for AI Jobs through JobsNext

PBEd | February 20, 2024

PBEd: Teachers to greatly benefit from decongestion of administrative task, increase in take-home pay

PBEd | January 26, 2024

PBEd: Expedite passage of expanded GASTPE to decongest public schools

PBEd | January 17, 2024

PBEd Statement on the 2022 Programme for International Students Assessments (PISA) results

PBEd | December 07, 2023

Australian Government partners with advocacy group, DepEd-Baguio to bolster learning quality in schools

PBEd | November 18, 2023

PBEd: Right training and resources to boost teaching quality in the country

PBEd | October 17, 2023

PBEd expands engagement with the private sector to empower Filipino youth for digital careers through Future Skills Now

PBEd | October 06, 2023

Australian government, advocacy groups partner to spur jobs, training in green building sector

PBEd | September 29, 2023

Government, biz leaders bring forward programs and policies at USAID summit to support Filipino out-of-school youth

PBEd | September 06, 2023

Biz groups, experts push for greater collaboration to address PH job-skills mismatch

PBEd | August 30, 2023

PBEd: Work-based training opportunities to bolster employability of K-12 graduates

PBEd | August 24, 2023

Philippine Business for Education seals partnership with Wells Fargo, pushes for youth employability

PBEd | August 03, 2023

PBEd to Marcos administration: Prioritize long-term education reforms in SONA

PBEd | July 21, 2023

USAID, DTI, fintech team up to include youth in GenSan MSMEs digitalization

PBEd | July 07, 2023

USAID, PBEd celebrate YouthWorks PH’s fifth year with an P80-million joint partnership, open training, and employment to more than 6,000 youth

PBEd | July 06, 2023

PBEd to LGUs: Prioritize ECCD, boost basic skills to curb learning poverty

PBEd | June 10, 2023

PBEd urges Marcos administration to confront education woes on mass promotion

PBEd | May 30, 2023

PBEd urges business leaders, stakeholders to maximize TVET for workforce development

PBEd | May 12, 2023

PBEd: Integration of civic education in all subjects vital for nation-building

PBEd | May 03, 2023

PBEd: Fast-track publication of Excellence in Teacher Education Act IRR

PBEd | April 27, 2023

PBEd partners with LGUs to future-proof Filipino workforce

PBEd | April 20, 2023

Statement on the CHR Human Rights Situation Report School-to-Work Transition 2022

PBEd | April 13, 2023

PBEd: Skills training to pave way for better jobs for the youth

PBEd | March 27, 2023

YouthWorks PH trainees aid in construction of North-South Commuter Railway, gain employment after

PBEd | March 23, 2023

USAID, PBEd provide P3-M to train 600 out-of-school youth in Sarangani and South Cotabato

PBEd | March 23, 2023

Australian Government, PBEd team up to improve PH learning and employability outcomes through P98.7 million fund

PBEd | March 22, 2023

PBEd: Program to improve learning outcomes of children rolled out in Himamaylan, Negros Occidental

PBEd | March 03, 2023

Skills council to address job-skills mismatch, launched

PBEd | March 02, 2023

PBEd convenes education stakeholders to take action on the learning crisis

PBEd | February 27, 2023

PBEd backs DepEd plans for education recovery

PBEd | January 31, 2023

YouthWorks PH forges partnership with DSWD X, offers free skills training to out-of-school-youths

PBEd | January 25, 2023

Invest in lifelong learning for PH workforce development

PBEd | December 17, 2022

Creation of EDCOM 2 a step toward addressing high learning poverty

PBEd | November 10, 2022

PBEd supports resumption of full face-to-face classes to curb learning poverty, urges for remedial programs and proper safety protocols

PBEd | November 03, 2022

STATEMENT: Mother Tongue Based Multilingual Education Policy

PBEd | October 18, 2022

YouthWorks collaborates with AWS re/Start to offer free cloud skills training to Philippines youth

PBEd | October 13, 2022

PBEd backs admin push to invest in skills training of youth

PBEd | September 23, 2022

Arm education agencies with sufficient resources

PBEd | September 15, 2022

USAID, PBEd spearhead youth training in newly-launched Talisay, Cebu Livelihood Center

PBEd | September 14, 2022

Fast-track ARAL bill to curb learning poverty

PBEd | September 09, 2022

USAID forum gathers 170 business, government, youth leaders in pursuit of inclusive economic recovery in PH

PBEd | September 08, 2022

Labor Market Study for Fruit and Vegetable Processing Sector Launched

PBEd | August 24, 2022

JobsNext Bill to Enhance Employability of Young Filipinos in the Future

PBEd | August 15, 2022

USAID Launches New Partnerships on Youth, Civil Society, and Health in Bohol Visit

PBEd | August 10, 2022

A Future that Works to Launch Labor Market Intelligence Report for Fruits and Vegetable Processing Sector

PBEd | August 08, 2022

PBEd and Citi Foundation Prepare Filipino Youths for In-Demand Jobs of the Future

PBEd | August 04, 2022

Measure creating commission to review education system lapses into law

PBEd | July 27, 2022

Everyone needs to invest in our children, in our future

PBEd | July 25, 2022

Business Advocacy Groups Bare Agenda for First 100 Days of Marcos Admin: Prioritize Nutrition and Education!

PBEd | July 13, 2022

STATEMENT: Shared Prosperity through a People-Centered Agenda on Nutrition and Education

PBEd | July 13, 2022

President Duterte urged to sign EdCom to solve learning crisis

PBEd | May 24, 2022

PBEd and Citi Foundation partner anew to give Filipino youth the gift of a better future

PBEd | May 05, 2022

EdNation Urges Filipino Voters: Elect an Education President

PBEd | April 25, 2022

Business leaders and education experts: Recover enormous learning losses now!

PBEd | April 11, 2022

YouthWorks PH offers 1,200 youths more than P1.5-M worth of training and employment opportunities to spur economic recovery

PBEd | March 18, 2022

YouthWorks PH expands collaboration with private sector with ₱42.9-million worth of training opportunities

PBEd | February 17, 2022

‘4Ps’ beneficiaries, Caloocan Youth to receive free techvoc training from YouthWorks PH

PBEd | December 07, 2021

Business group press Congress to pass EDCOM Bill

PBEd | November 04, 2021

YouthWorks PH inks agreement with international civic org Rotary International District 3830, opens training in agriculture with FRIEND Foundation and Grameen Foundation

PBEd | October 27, 2021

YouthWorks PH and cloud kitchen start-up CloudEats open 500 OJT slots, to provide PHP 10 M subsidy for food service trainees

PBEd | October 20, 2021

Coalition who championed K-12 Law reconvenes “Education Nation” to address the PH learning crisis

PBEd | October 04, 2021

PBEd’s pioneer teacher scholars gather to take action on the learning crisis

PBEd | September 18, 2021

1,000 Students from Metro Cebu Receive Digital Remedial Classes

PBEd | August 31, 2021

YouthWorks PH to open more than 300 training positions in power and food service ahead of National Tech-Voc Day

PBEd | August 06, 2021

PBEd urges Duterte to certify EDCOM Joint Resolution as urgent

PBEd | August 05, 2021

PBEd and Accenture to give kids digital math and reading remedial lessons

PBEd | July 29, 2021

Press Release: State of Education Press Conference

PBEd | July 05, 2021

STATEMENT: An EdCom to Seriously Address the Learning Crisis

PBEd | June 10, 2021

PBEd throws support behind Jobs Next Act

PBEd | June 04, 2021

YouthWorks PH inks a P 2.7 million partnership with Plan International; Habitat for Humanity to boost youth training and employment

PBEd | May 27, 2021

PBEd commends Joint Congressional approval on convening an EdCom

PBEd | May 27, 2021

Industry organisations learn about Australia’s skills system to address Philippines’ job-skills mismatch

PBEd | May 10, 2021

STATEMENT: Ensure Education and Employability of the Youth, K - 12 Graduates

PBEd | May 06, 2021

YouthWorks PH and SJDM LGU join forces on Labor Day, backs training and employment for the youth

PBEd | May 01, 2021

PBEd supports resumption of face-to-face classes for tentative school opening on August 23

PBEd | April 28, 2021

Philippine private sector supports convening of a Joint Congressional Education Commission

PBEd | April 27, 2021

STATEMENT: Teachers are frontline workers: COVID-19 vaccination priority

PBEd | April 19, 2021

Country’s biggest biz groups warn of fragile economic recovery with education sector in crisis

PBEd | March 29, 2021

PBEd supports bill offering scholarship to future teachers

PBEd | March 26, 2021

Prioritize teachers in COVID-19 vaccinations

PBEd | March 19, 2021

YouthWorks PH, Permex, and PCTA ink P37-M partnerships to open doors for at least 1,000 youth trainees

PBEd | March 18, 2021

PBEd: Students losing thousands of pesos in future earnings due to prolonged school shutdowns

PBEd | March 10, 2021

PBEd: Invest more in education, training to arrest high joblessness among youth

PBEd | March 09, 2021

PBEd, Australian gov’t ink deal with industry associations to develop PH workforce

PBEd | March 04, 2021

PBEd: Longer delays in face-to-face classes mean heavier academic, economic losses

PBEd | February 23, 2021

Antipolo City gov’t, YouthWorks PH to provide free skills training to out-of-school youth

PBEd | February 11, 2021

First Future unveils new online CSR and leadership courses for 4,000 youth

PBEd | February 11, 2021

Learning platform enables youth to work without college diplomas

Othel V. Campos | February 06, 2021

Stem the learning crisis now

PBEd | January 04, 2021

PBEd supports safe conduct of limited face-to-face classes

PBEd | December 18, 2020

Alabel LGU teams up with YouthWorks PH to train out-of-school youth

PBEd | November 17, 2020

PBEd, Australian and US gov’t partners turn over labor market intelligence project to CDO gov’t

PBEd | November 11, 2020

Online Training of Trainers on S2SA

PBEd | October 01, 2020

PH Private sector urged to take more active role in skills development of Filipinos

ANC and PBEd | September 28, 2020

Salute to a partner in PH education reform

Ramon del Rosario Jr. | September 26, 2020

KTalk webinar series kicks off Sept. 24, 2020

YouthWorks PH | September 18, 2020

3 million students still unenrolled: 'Lost generation' must catch up

Matthew Reysio-Cruz | September 13, 2020

Opportunity 2.0: Program for 180,000 out-of-school PH youths gets P1.9B USAID grant

Jodee Agoncillo | August 18, 2020

STEP UP hosts Scholar-Teachers’ Alumni Homecoming ahead of school opening

PBEd | August 15, 2020

PBEd's Statement of Support to Knowledge Channel and a call to widen public-private partnership in the delivery of quality education for all

PBEd | August 12, 2020

Groups, Universities back August school opening

CNN Philippines Staff | July 24, 2020

Statement in Support of School Opening

PBEd | July 22, 2020

Pandemic deemed no excuse to stop upskilling students, young workers

Gillian M. Cortez | July 10, 2020

Letting students sit out a year could slow economic recovery, advocacy group warns

Ian Nicolas Cigaral | July 09, 2020

Looking forward to "A Future that Works"

PBEd | July 03, 2020

Statement on Cyberlibel verdict vs. Maria Ressa

PBEd | June 18, 2020

PBEd Scholar Speaks

PBEd | June 16, 2020

Joint Statement on the Anti-Terrorism Act of 2020

PBEd | June 05, 2020

DepEd to parents: No need to buy new gadgets

JanVic Mateo | May 31, 2020

"PBEd Talk Thursdays" webinar series

PBEd | May 28, 2020

Statement of Support for class re-opening in August

PBEd | May 27, 2020

USAID, PBEd open online learning and employability program for out-of-school youth

PBEd | May 27, 2020

First “PBEd Talk Thursdays” stimulates conversation about the "New Normal for Basic Education"

PBEd | May 18, 2020

5,000 out-of-school youth to undergo training at McDonald's

Gillian M. Cortez | March 06, 2020

Labor market intelligence project launched in CDO

PBEd | March 05, 2020

PBEd honors private sector partners, project opens 19k jobs for K to 12 grads

PBEd | October 21, 2019

DepEd-10 chief lauds teacher education scholars

PBEd | August 02, 2019

Cebu business backs K to 12 job fair

PBEd | July 10, 2019

Scholars make their mark

PBEd | June 14, 2019

PBEd continues honoring scholars

PBEd | June 07, 2019

Response to “Has change come to Philippine education?” (Hernando-Malipot, 19 May 2019)

PBEd | May 19, 2019

Food for thought: PH top chefs honor education

PBEd | March 11, 2019

Top chefs come together for PH education

PBEd | March 09, 2019

Skills training slots open for young Filipinos as YouthWorks PH inks deal with schools, industry

PBEd | March 06, 2019

Raising PH education means raising teacher quality--Education leaders

PBEd | October 03, 2018

Advocacy group calls for investing in the future of the workforce

PBEd | July 16, 2018

Learning must go beyond access--Advocacy group

PBEd | June 13, 2018

Advocacy group seeks to help K to 12 grads succeed

PBEd | April 20, 2018

The role of the industry in building a competitive workforce

PBEd | April 18, 2018

Realizing education's promise: A collective effort

PBEd | March 18, 2018

PBEd hosts first ever Industry-Academe mixer for civil engineering

PBEd | September 27, 2017

Teaching our teachers

PhilippineTatler.com | March 22, 2017

Make sure free education benefits the poor, business group urges

Merlina Hernando Malipot | March 17, 2017

Private sector doubles down on K to 12

PBEd |

Partners come together for K to 12 in CDO

PBEd |

PBEd, partners celebrate teacher-scholars

PBEd |

USEP hailed for excellence in teacher education

PBEd |