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Economic Opportunities
- Many Filipinos are trying their luck outside of the country because other countries offer more economic opportunities
- This affects our labor market, quality of living, commodity pricing, and the overall economy
Migration
- Movement of individuals from one place to another
Permanent and Semi-Permanent
- kinds of migrants
Emigrants
- People who leave one country or region to settle in another
- Leaves the country
Immigrants
- People who enter and settle in a foreign country or region, leaving a past home
- Enters a country
Refugees
- People who, because of a problem in their former home, have immigrated to a new country or region
- Forced to leave their original country
Overseas Filipino Workers
- People from the Philippines who live and work in another country temporarily
April and September 2019
- A survey during this time period states that the number of OFWs who served abroad was estimated to be around 2.2 million
White Collar Workers
- Known as suit-and-tie workers
- Do professional, desk, managerial, and administrative work
Ex. Accountants, Teachers, Managers
Blue Collar Workers
- Workers who engage in hard manual labor
Ex. Carpenters, Construction and Factory Workers
Push Factor
- Negative reasons that cause people to leave their homes
•Examples:
High crime rates and violence
Social inequality
Environmental degradation and natural calamity
Lack of access to basic necessities
Internal political disputes and war
Pull Factor
- Positive aspects that attract people to move to another region or location
•Examples:
Low crime and violence
Social inequality
Economic and job opportunities
Easy and affordable access to basic necessities
Decrease in National Poverty Incidence
- Though national poverty rates are lowered, most Filipinos who migrate come from more affluent (rich) regions
Calabarzon
- largest proportion of OFWs at 20.7% while the poverty incidence is 5.1%
Mimaropa
- lowest proportion of OFWs at 1.5% while the poverty incidence is 10.5%
Changes in Labor Supply
- A drop in the labor supply encourages competition which can drive wages high (ceteris paribus)
Remittance
- money sent by OFWs to their families in the Philippines
Remittance on Commodity Pricing
- remittance can impact commodity pricing through income-driven demand. An increase in household income can increase purchasing power, which drives demand upwards