OFWs work together as a group in a foreign country but their families primarily stay back at home. The OFWs take full responsibility for their families by sending money back home. These remittances are a vital source of hard currency that provides hard currency dollar earnings. The model can be likened to exports sent to other countries.
Who are overseas Filipinos?
OW form part of the Filipinos who reside across the globe. They comprise the larger part of the Filipinos in the diaspora. The recent report by the Commission on Overseas Filipinos estimates that there are roughly 10.4 million ethnic Filipinos across the globe. This data is based on the Philippine Statistical Authority 2013 survey estimates. It also points out that there are 2.3 million workers abroad, representing 22 percent of the Filipinos overseas. Among the OFWs, close to 97 percent of them work in construction under a contract. Here are some of the OFW statistics.
Who make up the OFWs?
Most of the OFW originated from Luzon, about 45.1 percent. The largest chunk originates from Calabarzon province roughly 18 percent of all OFWs. The percentage estimates from other provinces are National Capital Region 12.8 percent, Central Luzon 13.9 percent. The remaining few comprise inhabitants of Mindanao and Visayas islands, not forgetting Western Visayas.
What age and gender make up OFWs?
For a while, we have seen slightly more women sin up than men. Looking at the age demographic, the women are slightly fewer than the men. The 2013 statistics point out that 26 percent of men were less than 30 years old. The figure was 36.2 percent in the case of women. Women aged 30 to 34 make up slightly 26.2 percent of OFWs, while for men it is 22.4 percent. In summary, the numbers show that women pursue this at a younger age as there is less work an educational experience. In addition, it means they earn less than men.
Where is the work opportunities?
More than half of all OFWs work in the Middle East. This includes countries like Saudi Arabia, UAE, Kuwait, and Qatar. 16 percent are clustered across East Asia, particularly Japan, Hong Kong and Taiwan. The other three continents, North and South America and Australia, make up 13 percent. Africa only makes up 1 percent. In South East Asia there is a high number of female workers when compared to their male counterparts as they primarily go there as house helpers.
What occupations are pursued?
OFWs have different educational backgrounds, each with their own set of skills. Among the occupational groups, there are managers, supervisors, and officials who make up 3.5 percent. Professionals are close to 11 percent. Associate technicians and technicians 7 percent. The machine and plant operators, 11 percent.
The OFW groups comprising lower skill levels are categorized as unskilled workers or laborers and makeup to 30 percent. The skill level determines the income received. This will definitely translate to your ability to submit remittances back home. The government has taken more initiative to ensure that the report on OFWs remains as detailed as possible. The aim is to improve the welfare of those who seek out opportunities abroad and have the right figures on the Filipino action abroad. For more news on OFW click on http://ofwtayo.com.