Monday, November 10, 2008

LOCAL NEWS: Slowdown in hiring of Filipino factory workers in Taiwan, South Korea noted | Home - Other Sections - Breaking News

LOCAL NEWS: Slowdown in hiring of Filipino factory workers in Taiwan, South Korea noted | Home - Other Sections - Breaking News: "Filipino factory workers could be the first to bear the brunt of the global economic crisis.

The local recruitment industry yesterday reported a slowdown in the hiring of Filipino factory workers in Taiwan and South Korea and the downtrend is expected to continue in the coming year.

Jackson Gan, Federated Association of Manpower Exporters (FAME) vice president, said commercial firms in Taiwan already notified the industry of a possible freeze in hiring of overseas Filipino workers (OFWs) next year.

“Taiwanese businessmen told us that they will not be laying off workers, but they will also not be hiring additional foreign workers in the coming year. So we are no longer getting additional job orders from Taiwan at this time,” he said.

Gan noted that they have already recorded a drop in the deployment of factory workers to Taiwan and South Korea as compared to last year."

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