39,000 Filipinos loose their jobs

February 23rd, 2009 - 2:43 pm ICT by Amrit Rashmisrisethi  

Jobless Filipino'sAn official said, at least 39,000 Filipinos have lost their jobs since October last year as factories and companies slash jobs amid the deepening global financial crisis. The 39,000 included more than 5,400 overseas-based Filipinos who had lost their jobs in the Middle East and Taiwan, which accounted for the bulk of the returning expatriates.

It is estimated that 300,000 Filipinos were in the Emirates, and 2,000 are now jobless. Many of the Filipinos who have lost their jobs in the real estate and services sector in Dubai, but have managed to find employment elsewhere in the United Arab Emirates.

Mr Roque said the government has enough resources to create temporary employment opportunities in the next two years, but will be hard pressed if the crisis extends beyond that. Despite of having 39,000 fall outs. These are workers who have lost their jobs mainly in the electronics and manufacturing sector.

Job orders for Filipino nurses in the United States is also ‘dropping’ with only 700 contracts up for grabs last year, compared with up to 8000 available three years ago, he said.

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