Govt aims to generate 7.2M jobs in 6 yrs

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THE government said on Thursday intends to generate 7.2 million jobs within the next six years by filling in 1.2 million jobs a year in the construction, manufacturing and business process outsourcing industries

Another sector the government is eyeing is aeronautics, according to Labor officials.

“The government is open to 1.2 million jobs a year. That’s 7.2 million in the next six years,” Labor Secretary Silvestro Bello 3rd said during the Trabaho, Negosyo, Kabuhayan (TNK) Summit in Taguig City.

For his part, Labor Undersecretary Dominador Say noted 1.2 million jobs a year could be achieved with the construction, manufacturing, aeronautics and information technology-business processing outsourcing IT-BPO as the main drivers.

“We coordinate with other government and private industries if there are jobs available. So, we encourage OFWs [overseas Filipino workers]to just work here instead,” he said.

Earlier, Ruth Castelo of the Construction Industry Authority of the Philippines noted the industry has been eyed as a top contributor to the government’s employment program.

The industry intends to raise its share to the gross domestic product (GDP) in the coming years.

“The current state of the construction industry is a boom. The industry contributes 3.3 percent to the GDP, but we want to increase it to 7 percent beginning 2017,” Castelo said.

On the other hand, the manufacturing industry grew by 6.9 percent in the third quarter of 2016, up 5.8 percent a year earlier.

The Information Technology and Business Process Association of the Philippines sees the IT-BPM sector generating up to $39 billion in revenue by 2022.

The summit is wrapping up policy recommendations from previous sectoral summits to chart a new employment agenda in line with the administration’s development goal.

The previous events included the Micro, Small and Medium Enterprises (MSME) Summit, the Manufacturing Summit, the Construction Congress and the IT-BPM Conference.

“We want to identify the strategies to increase employment levels, improve access to employment opportunities, and address our skills requirement,” said Trade and Industry Secretary Ramon Lopez.

The government, through the Department of Trade and Industry and the Department of Labor and Employment, gathered the public and private sectors and members of the academe to develop a national employment program to support the National Development and Security Strategy of the Philippine Development Plan 2017-2022.

The Trade chief encouraged the various industries to invest in job-generating activities in the tourism, construction, manufacturing, IT-BPM, and retail trade sectors.

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1 Comment

  1. Judging by such promises made in the past regarding the creation of millions of jobs…My advice to people working abroad is Stay where you are.

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