From the daily archives:

Saturday, January 3, 2009

Unemployed Philippines: Bahala na

by reynz on January 3, 2009

11 million Filipinos will be out of work
Former Budget Secretary Benjamin Diokno said that millions of Filipinos would either go unemployed or be underemployed as the export sector would continue to slow down. The number? 11 million. That’s almost the entire population of Metropolitan Manila.

Electronics: Layoffs planned
The electronics sector currently employs about 420,000 workers, the [...]

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