SONA 2012

Aquino says 3.1M jobs created in past 2 years

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President Benigno Aquino III. FILE PHOTO/MALACAÑANG PHOTO BUREAU

MANILA, Philippines—President Aquino on Monday said in his State of the Nation Address that some 3.1 million new jobs were created in the past two years of his administration.

“Pababa nang pababa ang unemployment rate sa bansa,” Aquino said in his third Sona at the House of Representatives at the Batasang Pambansa complex in Quezon City.

“Sinisiguro nating manganganak ng trabaho ang pagsigla ng ating ekonomiya,” he said.

Aquino said when he came into office, the unemployment rate was 8 percent, but as of April 2011, the rate dropped to 7.2 percent and as of the first half of 2012, it has been further reduced to 6.9 percent.

Aquino said that 638,000 people have been given jobs in the business process outsourcing (BPO) industry,  which he said has infused $1 billion into the country’s economy in 2011. The BPO industry has also generated many other indirect jobs, he added.

“Di ba makatwirang mangarap na balang araw, bawat Pilipinong handang magbanat ng buto, may

mapapasukang trabaho?” Aquino said.

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  • patriotic_act

    BPO Yes indeed.. it bloomed since the time of GMA and its good that PNoy continued it as it is a very good “future investment”.. many college undergraduates where given a chance to work and earn while they finish their college courses..

    but ofcourse the BPO is not for the poor.. or nonetheless the poor who wasnt able to atleast achieve collegiate level..

    The poor dreamed of working on companies like the BPO’s offer.. but what lacks the poor is the “value” they should have put towards “education” which they will never ever learn to appreciate.. because most of the poor people have parents that never thought about it too.. thats why they just repeat that and pass it on again to their children.. an endless cycle.

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