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Consequently, the standards of living of the Filipino people increased as foreign investors came to the country and focused on Subic and Clark as Economic Zones. In the global supply chain, Filipinos provide cheap labor to Multinational Companies (MNCs) that have invested in the Freeport Economic Zones mentioned.
The Philippines still has one of the highest unemployment rate in Asia (6.8%) as of December 2008 ( Dept. of Labor and Employment ). However, the current recession is felt by the Filipinos since the large markets for Philippine export goods like Japan and the United states were affected. This resulted to massive lay-offs in the electronics industry. Intel shut down its
operation and retrenched 1,800 workers due to the slowdown in demand (philstar.com). As a result, the unemployment rate of the Philippines ballooned as the Philippine Labor Department reported that 40,000 workers were retrenched, 33,000 workers are experiencing shorter working hours while over 5,400 overseas Filipino workers were displaced because of the crisis. This case shows that the Philippines depend heavily on exports and overseas Filipino labor for its earnings. In fact, it is the remittance of Overseas Filipino Workers ( $16.4 billion dollars in 2008) that cushioned the economy from the impact of the world crisis, leading to an increase in GDP despite the bleak environment.
solutions for this situation. Currently, the Philippine government’s policy that seeks to address this issue is Labor Export. This policy is not actually new since this country has been sending overseas workers in the Middle East during the 70s. However, it was only in 2001 that the government openly campaigned for sending Filipinos abroad. In the midst of this crisis, the government is searching for new markets that Filipino labor can penetrate such as
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Thank you for considering my opinion article. Respectfully yours, Dear The new round of pink slip distribution to our public school teachers is very alarming. My article discusses my opinion on the long term effect of this job instability not just to the teachers, but to the students, parents and to the whole educational system of our country.
With this in mind, the calls for a direct intervention by USA are becoming more pronounced. UK and France have directly asked for a NATO intervention. Various reasons are being given to facilitate this intervention such as duty of USA to protect human rights of Syrians, benefits to USA from a decrease in the influence of Iran in the region,the threat of chemical weapons use by President Assad , to stop the conflict from engulfing the entire region and the most important one being flashed is to stop Al Qaeda from gaining foothold in Syria(Doran and Max).
And his command of statistics and analytic breadth further show his mastery of the subject. Mr. Morse offers several insights into the current state of the global oil and natural gas industry. He makes
have followed the recommendations by passing laws intended to respect the rights on individuals while putting into place mechanisms that effectively respond to health emergencies. It would be impractical for the federal government to mandate all citizens be immunized in the same
ing to Singh (p.1), this shift in relations has the ability to alter significantly the regional power balance in the Middle East, while also carrying the risk of alienating such allies as the UAE and Saudi Arabia that are also important partners in the fight against ISIS.
Plutocrats are considered as hardworking, focused, educated and meritocrats with the significant control of different sectors of the economy including production, technology and processing.
According to Freeland, (2012),
Also, I have rewritten the conclusion part to cover everything about the topic of discussion. In addition, I have used more sources.
Labour migration or work mobility is the usual geographical and occupational movement of employees and workers.
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