The recent Social Weather Survey (SWS) revealing that about 63 percent of Filipino families rated themselves as “poor” in December 2024 serves as a sobering reminder of the ongoing economic challenges many Filipinos face.
The recent Social Weather Survey revealing that about 63 percent of Filipino families rated themselves as “poor” in December 2024 serves as a sobering reminder of the ongoing economic challenges many Filipinos face. This figure, the highest since 2003, highlights a troubling trend as self-rated poverty has risen for the third consecutive quarter, reflecting not just numbers, but a reality that millions of families grapple with daily.
The data surrounding food poverty is equally disheartening. With 51 percent of families considering themselves food-poor—the highest in over two decades—there is a clear indication that food insecurity is a critical issue that cannot be overlooked. Families are not only struggling to make ends meet but are also unable to secure adequate nutrition. This situation raises urgent questions about the effectiveness of current policies aimed at poverty alleviation and food security.
The median monthly family expenses further illustrate the strain on households. With basic costs for rent, transportation, and communication adding up, it is clear that many families are juggling multiple challenges just to maintain a semblance of stability. The government must address these escalating costs and implement targeted economic policies that can uplift those at the bottom of the economic ladder.
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