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With continuing oil crisis resulting in lay-offs, where could OFWs go?


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With continuing oil crisis resulting in lay-offs, where could OFWs go?
Written by Crispin Aranda.
Updated September 19, 2016 | CanadaAustraliaNew Zealand

WORK AND RESIDENCY OPTIONS FOR LAID-OFF OFWs

The good news is that there are only 2.6 million Filipinos remained jobless, and employment registered a slight improvement compared to last year, the National Economic and Development Authority (NEDA) said yesterday.  To check out the stories, we have provided the links (that you can copy and paste to your browser) for your easy reference.

1.   Why would OFWs return home?  Because the oil price cuts and crisis are not over yet. The whole story is available in the link below.

http://oilprice.com/Energy/Energy-General/Why-The-Bankruptcy-Wave-In-Oil-Gas-Isnt-Over-Yet.html

2.  With less jobs and more lay offs, remittances slow down.  Story below.

Slow down in remittances: this story today about less dollars coming in for relatives of OFWs.

http://www.philstar.com:8080/business/2016/09/19/1625021/soft-remittances-persist-bsp

3.  Where are the lay-offs occurring?  Saudi Arabia lay-offs

http://oilprice.com/Energy/Energy-General/50000-Laid-Off-In-Saudi-Arabia-As-Oil-Crisis-Bites-Deeper.html

4.  The lay offs not only in Saudi Arabia - Abu Dhabi lays off OFWs

http://www.cipd.ae/people-management-magazine/hr-news-opinion/thousands-layoffs-expected

5.  If OFWs return to the Philippines would they have jobs?  Check out this liink about employment prospects in the Philippines.

http://business.inquirer.net/210532/ph-has-worst-unemployment-rate-despite-high-gdp-growth-research

6.  Yes, there are jobs. In fact the employment rate in July 2016 was estimated at 94.6 percent.  

But where are the jobs and what kind of employment awaits OFWs in the country?

  • 55.3% of jobs are in the services sector mostly in the wholesale, retail trade or in the repair of motor vehcles

  • 26.9% of jobs are in the agriculture sector.  How many OFWs are working in the agriculture industry in the Middle East?

  • To sum up,  “Among the occupation groups, the elementary occupations workers remained the largest group making up 26.8 percent of the total employed in July 2016 (Table 1).  Managers (17.3% of the total employed) comprised the second largest occupation group, followed by service and sales workers (15.2%), and skilled agricultural, forestry, and fishery workers (12.7%).”

7.  Unemployment rate - http://www.philstar.com/headlines/2016/06/10/1591457/unemployment-eases-6.1-april

Options:  

Skilled workers are in demand and in short supply in Australia, Canada and New Zealand.  In fact, Australia has a List of Skilled Occupations in short supply in all States and Territories. Same with Canada and New Zealand.  To find out which country would have  a shortage of a specific OFW occupation or profession, email your complete and updated resume to chiefvisaofficer@visacenter.org for a FREE ASSESSMENT and find the best alternative for you and your loved ones, family members.

About the Author

Crispin Aranda

Crispin Aranda

Crispin R. Aranda is an established International Visa Conselor and Immigrant Advocate. He is the president of IVC and is in several migration radio programs.

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