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More and more workers are unemployed. Aside from the millions added to the labor force annually who are unable to find work, hundreds of thousands of workers lose their jobs due to company closures consequent to the economic crisis. In the first quarter of the year, two million were added to the labor force, including this year�s 400,000 college graduates. Meanwhile, there are no jobs waiting for them. Aside from this, the National Statistics Office has reported that 380,000 workers lost their jobs from October 2001 to March 2002. Macapagal-Arroyo�s vaunted "emergency employment program" is useless. Desperate to find work, 2,700 workers leave the country every day to work in other countries. In 2001, up to 866,590 overseas contract workers left the country compared to 841,628 in 2000. Even highly skilled workers and professionals are leaving the country. ![]()
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