Foreign demand for Filipino workers slows down

Published by rudy Date posted on December 19, 2009

Foreign countries still reeling from global financial crisis deliberately slowed down this year their demand for Filipino workers, according to data released by the Philippine Overseas Employment Administration (POEA).

POEA’s preliminary data show that job orders from employers abroad went down by 14 percent year-on-year, from 542,000 job orders during the period from January to November 2008 to only 462,000 during the same period in 2009.

The number of new hires for foreign stint fell significantly from 346,871 last year to only 320,508 this year.

POEA officials attributed the 80,000 drop in job orders to economic slowdown that hit many parts of Europe, Arabian Gulf region, and the United States. –Daily Tribune

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