RP employment upbeat despite global crisis

May 29, 2009 1:46 pm 

MANILA, May 29 — The country's employment prospects remain upbeat while sectors affected by global economic crunch are slowly picking up, an official of the Department of Labor and Employment (DoLE) on Friday said.

The good news is, said Bureau of Local Employment Criselda Sy, the daily displacement rate has dropped significantly to 26 percent as of this month.

"Workers of sectors affected by the crisis are returning to regular work hours while the displaced employees, some of them have found employment," she said during a forum in Manila.

Electronics sector was the most hurt by the crisis, but is now recovering.

She added that in Laguna Ecozone, 36 percent of those whose work hours were affected by company cost cutting have returned to regular work hours.

Japanese firm Fujitsu Ltd. which laid off 2,000 workers in March due to global recession has informed DoLE that it will hire 200 workers.

Employment of seafarers also looks bright for Filipinos, Philippine Overseas Employment Administrator deputy administrator Hans Leo Cacdac said.

The DoLE's Kalayaan jobfair will have participants from seafarers sector to recruit workers, he said. Even more, the fair will offer 170,000 slots for jobseekers particularly in call center, services and other sectors.

"Even with gloomy global economy, on the whole, jobs are generated in the country," Sy said. (PNA)

V3/vcs/MPC

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