A MOU or Memorandum of Understanding was recently signed between the government of Philippines and South Korea. The pact, which was signed by Labor Secretary of the Philippines Marianito Roque and Korean Labor Minister Lee Young-Hee, might provide jobs for some 8,000 Filipinos in South Korea every year for the next three years.
If jobs were lost in countries affected by the global economic crisis, the employment situation in Libya remains upbeat and highly favorable for OFWs.
Armed Forces of the Philippines (AFP) Public Affairs Chief Lt. Col. Ernesto Torres has declared that their agency can offer employment to an estimated 12,000 OFWs who recently lost their jobs because of the global financial crisis.
