Over 8, 000 jobs created in March, December 2009
Close to 9, 000 jobs were created in the economy between March and December 2009, underlining the resilience of the private sector and vindicating government’s budgetary support during last year’s recession.
The latest official data from the Central Statistics Office (CSO) indicates that the private and parastatal sectors grew by 4, 665 jobs between March and December last year.
The data indicates growth was registered in sectors like Construction and Manufacturing, Wholesale and Retail Trade as well as Real Estate, all of which directly or indirectly benefited from the government’s P10.6 billion development budget in 2009/10.
The CSO statistics show that [continue reading]