From the Business Mirror........worrisome is the effect of the financial crisis on our workers abroad who may have to face loss of jobs and loss of income, or even reduced income for those who may have to take lower-paying jobs.
He said Filipino workers in Dubai’s construction, real-estate, financial services, retail, trade, and travel and tourism industries could be among those hardest hit by the job losses.
And over the long term, let’s pursue a program of retraining displaced OFWs by pushing livelihood seminars so they can acquire new skills and start new businesses of their own at home. Maybe it’s time to really push the program of turning OFWs into entrepreneurs using their hard-earned money as capital, instead of allowing them to squander it in profligate spending. These OFWs need to be able to get financial education on how to start and manage businesses of their own. This is one of the advocacies being pushed by the Bangko Sentral ng Pilipinas, and the government and private sector should support such a great endeavor.
Instead of being nonchalant about it, the government should now get serious about getting really better-paying jobs for Filipinos who will lose their jobs in Dubai, considering that there are no jobs waiting here in the country.
Yes, let’s think of redeploying these workers, instead of allowing them to add to the serious unemployment here at home. Let’s explore other places in the Middle East where there are still markets for OFWs. Continue reading here http://businessmirror.com.ph/home/opinion/19545-editorial-ofws-need-alternative-endeavor.html
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