COVID-19 Impact with PH Employment and Transportation

 

Big cities with high density population like Metro Manila has always struggled juggling between employment and transportation due to lack of foresight and urban planning decades ago. When pandemic happened, the city momentarily stopped and alleviated the main traffic problems with the major highways. But in doing so, employees who could not work from home had a massive problem with transportation since it was halted or suspended due to the rise of active cases in the metropolitan area.

 

Aside from the transportation problems, there is also the yearly inflation which greatly affected fuel prices even more during the pandemic. Moreso, when the onset of Ukraine-Russian war, which lead to making the now high fuel prices to double or more. 

The upper and middle class who can purchase private vehicles has resulted to the surge of the number of car acquisition. The lower middle class, however, endured the long hours of waiting in the streets of the city or, some who were ingenious, resulted to using bikes, e-bikes, stand-up bikes, and the like. As the country’s economic landscape is slowly trying to recover from the numerous losses over the years before, during, and after the pandemic, it is of no surprise that most of the loan amortization interest has also increased. 

The common woes of Filipino employees, after the drastic change in the work situation from full time in the office to work from home and now back to hybrid set up, is the draining exhaustion from the physical return to office plus the additional burden with the difficulty in commute. With the surge of car purchase over the years, it is expected as well to see a much high traffic activity which would mean travel from and to the office would take longer than it has before pandemic. 

In doing so, when you are eyeing to buy a car, it is useful to have an idea of the total amount due and calculate the estimated payment it would deduct from your monthly budget by using https://www.carpaymentcalculator.net/. It can instantly show calculation results, able to calculate car price that fits your monthly payment or loan payment amounts, provides printable amortization schedule, and can even calculate then provide an estimate of your supposed fuel budget.

 

Klook.com