Economy, asked by jom12, 11 months ago

How do you feel about OFWs and the work that they do?

Answers

Answered by sayanakhtar123
14

Answer:

●Overseas Filipinos. OFWs are only a part of overseas Filipinos who now live around the world. Overseas Filipinos are the larger part of the Filipino diaspora, including OFWs.

●According to the Commission on Overseas Filipinos, there are 10.4 million ethnic Filipinos living abroad. OFWs, according to the Philippine Statstical Authority in the 2013 survey estimate, number 2.3 million workers. They represent 22 percent, or roughly one-fifth of the overseas Filipino.

●Among OFWs, 96.2 percent are “overseas contract workers” (OCWs) or workers who work abroad on some form of formal contract of work.  We now focus on OFW statistics.

●The Sadness and Joy of Being an OFW | BayanMall. We all know that OFW is acronym of Overseas Filipino Workers. They work abroad to sustain the needs of their family and fulfill their dreams of a better life.

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Answered by ayush7652051895sl
0
  • Overseas Filipino Workers (OFWs) are those individuals with Filipino citizenship who work abroad for a brief period of time. This term is frequently used commonly to describe these individuals.
  • Being an OFW is a promise of a prosperous life for the majority of Filipinos.
  • Due to the physical, mental, social, and emotional challenges along with some more challenges they face while working abroad for their families as well as their important contributions to the economy and growth of their nation, Pinoy OFW are regarded as modern-day heroes.
  • Strong remittance inflows are provided by OFWs. Long regarded as the nation's modern-day heroes, OFWs.
  • With their enormous contribution through personal remittances, which reached an all-time high of $33.5B in 2019 and accounted for 9.3 percent of our GDP, OFWs have significantly contributed to keeping the economy afloat since 1980.

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