(C) PhilStar Global
Last updated on May 17th, 2021 at 11:33 am
METRO MANILA – Department of Labor and Employment (DOLE) said on Wednesday, that around 700,000 overseas Filipino workers (OFWs) may lose their job due to the impact of the Covid-19 pandemic worldwide.
Labor Assistant Secretary Dominique Rubia-Tutay said in a briefing with the economic team, the immediate and long term effect of the Covid-19 pandemic continues to unfold and becoming more evident as tourism, retail and personal services sectors which offers employments opportunities to Filipinos continues to get affected.
The limited economic activities overseas naturally would result to that host country reserving jobs to their citizens.
Tutay reported that around 500,000 OFWs are currently being affected by the pandemic and if the situation did not improve at the end of the year, The agency is looking at 200,000 more OFWs will be out of employment.
DOLE however said that there are other several opportunities abroad on other industries such as healthcare workers, information technology and construction sectors.
The agency is also offering grants and loans to OFWs returning home to enable them to start their own business. The country is currently implementing ban on the deployment of nurses abroad but those who were able to secure work contracts prior to March 8 can be allowed to leave the country.
KPop Demon Hunters is the story of a huge animated movie success that conquered the hearts of people all around…
A feast is set for the Vietnam football fans as the complete television schedule of the diverse football matches of…
The social media is buzzing over this new B-Town couple Ashish Chanchlani and the Swedish-Greek actress landed into the spotlight…
The newly revealed Samsung M36 5G has took over the social media especially the X by becoming the #1 trending…
The much awaited Yellow and Blue jersey battle of TSK and MINY took place on 12 July 2025. With the…
The Indonesian government in a bold step to improve the accuracy of the social welfare distribution cut off 1.9 million…
This website uses cookies.
Read More