82% of adult Filipinos say quality of life worsened in past year –SWS survey - News Summed Up

82% of adult Filipinos say quality of life worsened in past year –SWS survey


MANILA, Philippines — Four out of five adult Filipinos said their quality of life has worsened in the past 12 months, according to the latest survey of the Social Weather Stations (SWS). ADVERTISEMENTThe survey conducted by SWS from September 17 to 20, 2020 showed that 82 percent of adult Filipinos believed that their quality of life worsened (termed by SWS as “losers”), while 11 percent said it was the same, and only six percent said it got better (termed as “gainers”). The resulting net gainers score in September 2020 is -76 which is considered by SWS as “catastrophic.” Net gainers score is computed by subtracting the percentage of “losers” from the percentage of “gainers.”SWS considers the score “catastrophic” if it is -50 and below. “The September 2020 score joins SWS’s worst trends in survey history, having recorded -78 in May and -72 in July during the COVID-19 crisis. The only other time the score reached catastrophic level was in June 2008 (-50), during rice and oil price hikes,” SWS said.


Source: Philippine Daily Inquirer November 05, 2020 00:02 UTC



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