Dear Duterte: Millennials are losing faith in you
Filipino millennials are losing confidence in the ability of political and business leaders to look beyond self-interest and have a positive impact on society.
Based on this year’s annual Deloitte Millenial Survey, enthusiasm for the economy is waning among the 18-28 year olds. The percentage of Filipino millennials who think the economy will improve this year dropped from 89 percent to 78 percent.
The proportion of Filipino millenials who believe businesses have a positive impact on society also plunged from 94 percent to 74 percent this year. They think that businesses are primarily looking out for themselves rather than considering the wider society.
The trust in political leaders is even lower — 52 percent believe political leaders have a negative impact on society compared to last year where 91 percent of Filipino millennials felt that the government made a positive impact as far as solving the issues they were most concerned about.
The survey also showed that most of the millennials have grown increasingly wary of their personal safety. Other major concerns include terrorism and corruption within business or politics.
Corruption did not figure in last year’s top 5 issues of greatest personal concern among millenials, Deloitte said.