• 1.7 MILLION JOBS A YEAR FOR REAL – POE

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    PROVING that her goal of over a million jobs a year is not impossible, Sen. Grace Poe bared plans to develop the manufacturing and tourism sectors, along with the country’s micro, small and medium enterprises (MSMEs), to create employment opportunities for Filipinos.

    In a recent campaign sortie in Bicol, Poe said her administration, if she wins in the May 9 elections, will work to generate 1.7 million jobs every year for six years as a concrete step in fighting poverty, the root of criminality in the country.

    As of January 2016, the unemployment rate was at 5.8 percent. Of the jobless, 45 percent were high school graduates. A third of the unemployed are in the 25-34 age group while 48 percent are in the 15-24 bracket.

    To create jobs, Poe said she will give small MSMEs easier access to financial assistance so that more Filipinos would be encouraged to venture into business. Of the 944,897 business enterprises operating in the country as of 2012, 99.58 percent or 940,886 are MSMEs.

    MSMEs account for 61 percent of jobs in the country.

    According to a study by Small Enterprise Assistance Funds, a New York-based non-profit investing in emerging markets, for every dollar invested in MSMEs, $12 dollars is generated for the economy.

    Poe also wants to strengthen the manufacturing sector, where workers could get higher pay compared to the agriculture and services sector.

    The manufacturing sector, which comprises more than half of the Philippines’ industrial sector, accounts for almost a quarter of the country’s Gross Domestic Product (GDP).

    Poe also said she would support infrastructure projects that would strengthen the tourism industry, which contributes 1 of every 10 jobs in the country.

    Poe and running mate Sen. Francis Escudero have committed to allot P300 billion to agriculture, the Philippines’ second-largest employer and also the poorest sector. While it employs 31 percent of the total labor force, agriculture accounts for only 11 percent of the GDP–the lowest contribution to the economy.

    Under her “Gobyernong may Puso,” Poe promised that there will be free irrigation, more climate-resilient post-harvest facilities and well-placed agro-industrial zones.

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    2 Comments

    1. Salamat sen grace poe at naisipi mo ito, ito na kasi ang solusyon sa kahirapan na natatamasa nating mga pilipino, ito ang pinaka kulang na hindi maibigay ng gobyerno ngayon. sana ay ikaw na talaga ang manalo dahil alam ko tutuparin mo ito.

    2. Mariano Patalinjug on

      Yonkers, New York
      20 April 2016

      If GRACE LLAMANZARES is able to overcome her two very serious constitutional baggages, and is elected President in May anyway, I tend to agree with her that she may be able to make good on her promise now that she “will work to generate 1.7 million jobs every year for six years as a concrete step in fighting poverty, the root of criminality in the country.”

      To make this promise a Reality, the report says she “plans to develop the manufacturing and tourism sectors, along with the country’s micro, small and medium enterprises [MSMEs] to create employment for Filipinos.”

      That sounds like a good and workable Plan to me–and it is doable, if as President she has the competent assistance of a competent and determined economic
      “brain trust.”

      She right in her belief that the manufacturing sector is where “workers could get higher pay compared to what they normally get in the agricultural and service sectora. The other big advantage of manufacturing is that its is able to create more “value-added” than all the other major sectors.

      And more so, if she is able to get both the private and government sectors to cooperate and work closely with each other to finally set up a National Industrialization Program encompassing heavy, medium and light industries. Such a program is sure to give a tremendous filip to the country’s economy, along with the “ripple effects” that it usually creates in its wake.

      Finally, she will need to go right ahead and push for the creative and aggressive implementation of the Reproductive Health Law throughout the nation, making it the No. 1 job of both the Department of Health and the Department of Social Welfare, with the long-term goal of taming the country’s population which is exploding at a rate which doubles it around every 35 years or so, to at least Replacement Rate, within a period of 15 years to 20 years.

      These are what it will take to get the Philippines out of the quagmire of economic underdevelopment [WWRostow] and blaze a new path leading to real, solid, inclusive and enduring prosperity and progress–the very path taken by its successfully neighbors which have made it successfully as “economic tigers.”

      MARIANO PATALINJUG
      patalinjugmar@gmail.com