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Curbing the Surge in Layoffs
The fiscal burden, especially the budget for social protection, has swelled to a figure with no precedent.
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Property project workers walk to their workplace in the Bendungan Hilir area, Central Jakarta, Tuesday (8/12/2020).
The Manpower Ministry noted that throughout 2020, 386,877 workers were laid off. This figure is 20 times that of 2019 (Kompas, 10/3/2021).
The surge in layoffs due to the Covid-19 pandemic has caused unemployment and poverty to rise sharply. The fiscal burden, especially the budget for social protection, has swelled to a figure with no precedent. This situation has also triggered the need for massive stimulus to ease the burden on the business world in order to reduce layoffs.