The Philippine Star December 15, 2009 MANILA, Philippines - The outlook for overseas employment opportunities in 2010 is bleak with international labor markets virtually closed because most economies are still hurting from the onslaught of the global financial crisis.
The Federated Association of Manpower Exporters (FAME) said job orders from Australia, New Zealand, and Canada, considered the best countries for expatriates, have stopped.
Australia has dodged recession in the second half of the year but has started cutting back on immigration since the first quarter of the year when recession threatened its economy.
New Zealand emerged from recession in the second half of the year but its economy is still expected to be bumpy in the following months.
Canada exited recession in the third quarter of the year. “Those markets are have dried up and only the Middle East countries of Saudi Arabia, UAE, Qatar, and Libya are hiring workers,” said FAME director Lito Soriano
Japan, which pledged to absorb Filipino nurses into its workforce under the Japan-Philippines Economic Partnership Agreement (JPEPA), hired only 30 Filipino nurses and caregivers
a few months ago. Continue reading here http://www.philstar.com/Article.aspx?articleId=532541&publicationSubCategoryId=66
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