Crisis takes away 3,500 Luzon jobs

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City of San Fernando – The global financial crisis has fallen hard on 47 companies in Central Luzon, leaving 3,554 workers jobless and 6,837 others working for fewer lesser hours in the past two months of 2008 until March 2 this year, reports from the Department of Labor and Employment showed.

The DOLE regional office, through the agency’s provincial offices, has been monitoring the 47 companies firms to check when they could resume normal operations and if they have reabsorbed the affected workers, according to Geraldine Panlilio, chief of the DOLE labor standards unit.

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