Number of OFWs surges to 2.16M in 2023

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Number of OFWs surges to 2.16M in 2023
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(UPDATE) THE number of Filipinos working abroad surged to 2.16 million last year, data from the Philippine Statistics Authority (PSA) showed.

THE number of Filipinos working abroad surged to 2.16 million last year, data from the Philippine Statistics Authority showed.From April to September 2023, the number of overseas Filipino workers reached 2.16 million, 9.8 percent higher than the 1.96 million recorded in the same period in 2022, with overseas contract workers making up 98.1 percent of the total.The remaining 1.9 percent were those working full-time using tourist, visitor, student, or medical visas.Of the total, 1.

Singapore had the lowest number of Filipino workers, making up 3.9 percent of the total.Rizal Commercial Banking Corp. chief economist Michael Ricafort said the rise in Filipinos working abroad is due to the higher wages and benefits.Ricafort attributed the increase in Filipino workers in Saudi Arabia to the strong diplomatic relations between that country and the Philippines.

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Of Ofws Surges To 2.16M In 2023

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