The Department of Labor and Employment is now monitoring the possible impact on overseas Filipino workers of last weekend’s credit rating downgrade on the United States.
“We are closely watching how the credit rating downgrade of the US by Standard & Poor’s will unfold [in the near term],” Labor Secretary Rosalinda Baldoz said in a statement issued Tuesday.
The Labor chief pointed out she does not expect any massive layoff of OFWs despite the economic crisis in the world’s No. 1 economy.
Baldoz also noted Bangko Sentral ng Pilipinas Gov. Amado Tetangco Jr. had downplayed the effects of the credit rating downgrade on the Philippines.
On the other hand, she said it is too early to tell how the downgrade will affect the employment of Filipinos in the US.
The DOLE said the Philippines’ deployment of new hires and rehires to the US stood at only 3,705 OFWs as of the end of 2010.
“In 2010, we deployed only 3,705 OFWs to the US compared to 6,248 OFWs in 2009. Most of them were farm and hotel/resort workers holding H2B and H2A visas,” she said. — JE, GMA News
March –
IT’S WOMEN’S MONTH!
“Respect and support women
every day of the year/s!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
Monthly Observances:
Women’s Role in History Month
Weekly Observances:
Week 1: Environmental Week;
Women’s Week
Week 3: Philippine Industry and “
Made-in-the-Philippines Products Week
Last Week: Protection and Gender-Fair Treatment
of the Girl Child Week
Daily Observances:
March 8: Women’s Rights and
International Peace Day;
National Women’s Day
March 4: Employee Appreciation Day
March 15: World Consumer Rights Day
March 18: Global Recycling Day
March 21: International Day for the Elimination
of Racial Discrimination
March 23: International Day for the Right to the Truth
Concerning Gross Human Rights Violations
and for the Dignity of Victims
March 25: International Day of Remembrance of the
Victims of Slavery and the Transatlantic Slave Trade
March 27: Earth Hour
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