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News watch: Salaries of OFWs in ME doubles

Dec 15, 2008 by FN's Shar Bareng

jobapplicant.jpgAt last, some good news for the holiday season: PhilStar.com reports that monthly salaries of OFWs in the Middle East doubled despite the global financial crisis.

Countries in the Middle East are among the least affected by the crisis; hence they can even afford to raise the salaries of professional workers by more or less 50 percent. Recruitment leader Lito Soriano reported that from the minimum rate of $1,200, employers now offer a minimum of $3,000, which roughly translates to P140,000, per month!

According to the report, there is rising demand for foreign workers in the Middle East, particularly in the construction industry. That's why workers in the Middle East simply renew their contracts, while OFWs in other countries have to apply for jobs elsewhere.

Since almost half of you, FN readers, have decided to pursue your plans of going abroad despite the economic crisis, based on poll results here, would you now consider the Middle East your next career stop?

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