VidRes.Net, Asia’s first video resume search engine pioneering in the online recruitment industry with its video presentation-resume web facilities, contends that their concept of bridging the employment concerns of both jobseekers and employers should have new global directions to maintain a wider reach in jobsearch objectives and continuous hiring of overseas Filipino workers (OFWs).
VidRes.Net Chief Executive Officer Florante F. Cruz said that even with more than one million OFWs leaving the country each year, there is a need for the private sector to support the Philippine government in the task of addressing the employment problem, and that giving jobs to a more diversified base of OFWs would be relevant in helping the country withstand the global economic carnage.
The two-year-old online video resume site was launched in the Philippines in 2007, built by IT firm OCean8 Corporation which trains experts in technology and communications, now with a bigger database of both employers and job applicants and geared for the international job market to match its online jobhunt participants.
Cruz also maintained that its advanced technology systems being offered by its web facility timely addresses the need for beefing up employment for Filipinos, responding to recent reports by the Institute for Migration and Development Issues (IMDI).
According to the IMDI report , although overseas Filipino workers (OFWs) and immigrants spread all over the world number in the millions, their numbers are not enough to cut unemployment in the Philippines, which may be crucial this year, considering that the government is still pinning its hopes on OFW deployment to ease unemployment this year, even as thousands of OFWs are expected to be sent home ahead of their contract expiry because of recession in several major labor-hosting countries. The said report used for the Statistical Almanac were gathered from known government sources such as the National Statistics Office (NSO), as well as the academic partners of IMDI.
“Concerns have been raised lately that the ongoing global economic crisis, as well as recession levels of economic growth in the 30 leading economies of the world, will pull up unemployment rates in the Philippines and lead to retrenchments of Filipino workers who are temporary and permanent migrants in many developed countries,” the IMDI said in a statement.
Data culled from the Statistical Almanac show that in 2007, the combined number of deployed OFWs and emigrants was only 1.16 million while the number of unemployed workers in the Philippines, based on the 2007 Labor Force Survey released by the NSO last month, reached 2.25 million.
In 2007, IMDI said the total number of temporary and permanent migrants who registered with government entities is only 3.43 percent of the 33.671 million employed in the Philippines.
Cruz also echoed concerns raised by research group IBON Foundation, with its statistical studies showing a total of at least 10.6 million jobless and underemployed Filipinos in January 2009, revealing an unemployment rate of 7.7% early this year. IBON Foundation’s figures also pointed to figure estimates of job losses numbering to some 122,000 in the manufacturing sector from last year’s figures, 39,000 job losses in the construction sector, and some 28,000 job losses in the financial intermediation sector.
The VidRes.Net group expressed optimism that with the company’s growth, linking up with Department of Labor and Employment (DOLE) , Internet cafes and job fairs for the online recruitment search engine to be beneficial for a wider target market of both jobseekers and employers, its novel video resume job-matching system could provide much-needed boost for the labor department’s needs to beef up employment for the working sector.