The really good employees are no longer in our country, they are working overseas, making foreign companies happy and hopefully also tossing a few coins back home to their families (if they are still living here). That is why we are the most OFW-dependent country in the world, our otherwise badly run country manages to stay afloat on the backs of skilled workers who aren't even in our country anymore. The few that remain here, keep pondering whether they should make the move abroad as well. The really sad thing here is that nobody is calculating the cost of our OFW reliance, that is of broken families and homes where the father/mother is overseas while the kids are here, and the cost of having children growing up without one or in some cases both parents.
Furthermore, nobody is calculating the real damage caused by the phenomenon known as remittance dependence, which is becoming more and more common nowadays. This is a kind of dependence where the kids/wife/husband of the OFW worker become addicted to the remittance and no longer desire to seek work and remain unemployed and dependent on their parents/husband/wife for the rest of their lives. That is the real damage done by our OFW economics....
Here's an article discussing remittance dependence:
RP dependence on OFW earnings leads to jobless growth -- recruiter - INQUIRER.net, Philippine News for Filipinos