UN SDGS : NO.8 DECENT WORK AND ECONOMIC GROWTH
Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all
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Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all
Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all
Sustained and inclusive economic growth can drive progress, create decent jobs for all and improve living standards.
COVID-19 has disrupted billions of lives and endangered the global economy. The International Monetary Fund (IMF) expects a global recession as bad as or worse than in 2009. As job losses escalate, the International Labour Organization estimates that nearly half of the global workforce is at risk of losing their livelihoods.
Even before the outbreak of COVID-19, one in five countries – home to billions of people living in poverty – were likely to see per capita incomes stagnate or decline in 2020. Now, the economic and financial shocks associated with COVID-19—such as disruptions to industrial production, falling commodity prices, financial market volatility, and rising insecurity—are derailing the already tepid economic growth and compounding heightened risks from other factors.
Philippine Transmarine Carriers (PTC) is a leader in the maritime industry, fostering Filipino excellence at sea for close to 45 years. Through robust training, alliances with global leaders, and government engagement, PTC creates top-notch maritime professionals, champions sustainability, promotes shipping careers, and prioritizes a culture of care for both people and the planet.
