In the News

Philippines’ Job Market / Tri-partite coalition needed says World Bank

Citing the country’s stellar economic growth and political stability, the World Bank said implementing reforms needed to address lack of jobs in the country is now.

“The elements working for the Philippines are now well in place: strong economic fundamentals that are yielding impressive growth rates, political stability and a popular president seen by most Filipinos as committed to good governance and eliminating poverty,” World Bank noted.

In a report released Friday, September 13, the multilateral bank recommended the creation of a tri-partite coalition composed of the government, business and labor groups.

The coalition, World Bank said, should create a reform agenda that will improve the unemployment and underemployment in the country.

A total of 14.6 million jobs are needed in the next 4 years, the multi-lateral bank noted.

Of the total 10 million jobseekers, 3 million were unemployed while 7 million were underemployed in 2012, the agency added.

Chosen excerpts by Job Market Monitor. Read the whole story at 

Capture d’écran 2013-09-16 à 08.07.28

via 3 groups need to work to address jobs issue — World Bank.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)

The Most Popular Job Search Tools

Even More Objectives Statements to customize

Cover Letters – Tools, Tips and Free Cover Letter Templates for Microsoft Office

Follow Job Market Monitor on

Enter your email address to follow this blog and receive notifications of new posts by email.

Follow Job Market Monitor via Twitter



%d bloggers like this: