5 Jan
Unemployment Rate Expected to Hit All Regions
Posted in Business News, Jobs and Careers by Damien | 1 Comment
With recession looming across the world, expect a lot of people without a job starting this month. This prediction was expected as early as the third quarter of last year and it seems that many people are slowly feeling this pinch of surviving the worst economic crisis to hit the world since ages.
There have been bailouts given. Loans with affordable interest rates with their business stake as collateral have been granted. But the thing is, are they enough?
Majority of the employees hit are the overseas workers. Thousands have been laid off in the United States, Saudi Arabia and Taiwan. A lot of them are Filipinos. Many came home last December, their last trip for now since they are formally out of a job.
There are countries that declared job openings. Among them include Qatar, Canada and the United Kingdom. But so far, nothing definite has been reported with regards to their actual needs.
Folks, the crisis is for real. If you have a job, do all means to keep it. For the unemployed, all you can do for now is keep on looking. That is the best thing you can do for now, regardless if you have a diploma or not.
