50,000 OFWs to lose jobs this year, says govt

The Department of Labor and Employment on Friday predicted that around 50,000 overseas Filipino workers could lose their jobs this year as a result of the global economic slowdown.

"As of today, there are probably 5,000 OFWs who have already lost their jobs in Taiwan, Dubai and South Korea. Our expectation is that it would reach 50,000 this year," Labor Secretary Marianito Roque told radio dzMM.

Roque assured affected OFWs that they could find work once they return to the Philippines. He added that others could opt to be trained for other job skills.

The labor chief said deployment of Filipino workers for overseas work continues despite the crisis.

“We are deploying more or less 3,000 workers every day. We increased OFW deployment by 24 percent in 2008, which is close 1.3 million workers,” he said.

Total deployment from January to October stood at 1.115 million, 25.5 percent higher than the number of Filipinos who left the country in the same period in 2007, data from the Philippine Overseas Employment Administration showed. abs-cbnNEWS.com

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