The Job Market in the Philippines

Recent reports indicate that the Philippine economy has performed well, garnering a growth of 7.1% in the 3rd quarter of 2012, making it one of the best performers among ASEAN economies, followed by Indonesia, Malaysia, Vietnam, Thailand, and Singapore and is now considered to be one of the strongest economies in Asia.

Director-General Arsenio Balisacan of the Philippine National Economic Development Authority (NEDA) said that the developments in the Gross Domestic Product (GDP), and value of goods produced and services rendered are expected to result to more jobs and better income for Filipinos.

With the economy expected to sustain its growth and create more jobs in industries such as Information Technology (IT), Banking and Finance, Health, Tourism, Manufacturing, and Business Process Outsourcing (BPO), comes local professions that offer high earnings and opportunities for Filipino jobseekers.