The Philippines’ outsourcing industry is experiencing a resurgence, with companies looking to fill thousands of positions as the pandemic forces other countries to move jobs overseas, Labor Secretary Silvestre Bello III claimed on Sunday, June 14, 2020.

Writing for Bloomberg, Karl Lester M. Yap quoted Bello as claiming that the coronavirus outbreak and the global recession will force more companies in other countries to offshore jobs, a lot of which will go to the Philippines.

However, many countries are working to bring overseas jobs back to their territory as governments seek to use their financial tools to generate more jobs, including office work, to stave off the impact of high unemployment rates, with the US already grappling with more than 44 million jobless Americans. Japan and other countries are also offering financial packages to entire operations in China to return to the homeland.

 “We received information that some big companies have already given notice for their requirements, one of which needs at least 4,000 seats to be filled up before September,” Bello said. The number is a tad short as 4.2 million Filipinos can no longer afford to buy food, double the number six months ago, according to the survey firm Social Weather Stations (SWS).