OFW - Overseas Filipino Worker
Saturday, February 14, 2009
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The lack of well-paying jobs to compliment the high cost of living in the Philippines urges the OFW to seek for greener pasture outside of the country. Un-employment, under-employment, political / social dissatisfaction and poverty are just some of the many reasons why they opt to work abroad.
OFWs are also regarded as the modern day hero in the Philippines. It was admitted by the government and the local economists that the remittances being sent back by the OFWs thru their family saves our dying economy. For now, it is the remittances which have largely helped keep the Philippine economy afloat.
Until now the number of Filipinos seeking jobs abroad are relevantly increasing.
According to the last released data (May 23, 2008) by the National Census and Statistics Office (NCSO).
“The number of Overseas Filipino Workers (OFWs) who worked abroad at anytime during the period April to September 2007 was registered at 1.75 million. This number represents an increase of 15.3 percent over the estimated 1.52 million OFWs in April to September 2006. Of the total OFWs during the period April to September 2007, 92.4 percent (1.61 million) were Overseas Contract Workers (OCWs) or those with existing work-contract abroad. The number of OCWs in April to September 2007 went up by 16.6 percent over the 1.38 million OCWs estimated for the same months in 2006.”
Read full report here.
For sure, the number will still dramatically increase if the Philippine economy will not improve and the labor industry cannot generate substantial jobs to the public.
OFW Station aims to be a partner of our OFW and those who are aspiring to be one, by providing substantial information over the Internet.
Picture Credits : Irish on Bizz
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Mabuhay ka OFW!
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