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  October 3, 2013: More Jobs in Growing Economy

The National Statistics Office (NSO), in its April, 2013, Labor Force Survey (LFS), reported a considerably improving quality of employment, with workers in full-time employment growing by 15.3 percent, or 3.194 million, and workers in part-time employment decreasing by 18.9 percent, or 3.063 million. Another indicator that raises hopes for employment generation is the Gross Domestic Product (GDP) growth of 10.3 percent in the industry sector, which overtook the 7.4 percent growth in the services industry.
One of the DOLE’s strategies to promote employment is to intensify implementation of the Training for Work Scholarship Program in the Key Employment Generators (KEGS), namely, tourism, agriculture/fisheries/agri-business, information and communications technology/business process management (ICT-BPM), electronics, automotive, general infrastructure/construction/housing, manufacturing, and logistics. For 2014, DOLE increased the budget for the program to P1.4 billion from P563 million in 2013 to upgrade the skills of 186,667 workers. The Department also has 159,000 apprentices under its apprenticeship program. For its other technical-vocational education and training programs, it expects to certify to the skills of 904,000 workers next year.
The DOLE, through its Overseas Workers Welfare Administration (OWWA), aims to increase the number of its scholarship grants to 4,917 grantees in 2014, while its Bureau of Labor Relations intends to expand coverage of its Workers’ Organization Development Program training and educational grants to union members, with focus on hard-to-fill jobs. Its Bureau of Local Employment continues to work with employers and get them to post their job vacancies in Phil-JobNet, the government’s online job search and job matching facility, which posted a record of 268,278 vacancies in January, 2013, before settling down to 98,878 in July.
The Philippine economy accelerated in the second quarter of 2013, with the GDP growing by 7.5 percent from 6.3 percent in the same period in 2012. It was the fourth consecutive quarter that GDP grew more than 7 percent.
The Manila Bulletin, led by its Chairman of the Board of Directors Dr. Emilio T. Yap, President and Publisher Atty. Hermogenes P. Pobre, Executive Vice President Dr. Emilio C. Yap III, Editor-in-Chief Dr. Cris J. Icban Jr., Business Editor Loreto D. Cabañes, Officers and Employees, congratulate the government of the Republic of the Philippines headed by H.E., President Benigno S. Aquino III, and the Department of Labor and Employment headed by Secretary Rosalinda D. Baldoz in promoting gainful employment opportunities for Filipino workers and in attaining sustainable economic growth for our Republic of the Philippines.

Source: Manila Bulletin - October 3, 2013

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