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BPO, 'Build Build Build' to spur Philippine economic recovery says Bello

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Arianne Merez, ABS-CBN News

<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img src="https://sa.kapamilya.com/absnews/abscbnnews/media/2020/tvpatrol/05/01/20200501-lockdown-labor-day-construction-jc-4328-s.jpg"/><figcaption>Construction workers repair a portion of Roxas Boulevard in Pasay City on May 1, 2020. Jonathan Cellona, ABS-CBN News</figcaption></figure></div>MANILA -- The Philippines is hoping to spur economic recovery with jobs in construction and the business process outsourcing (BPO) industry, the country&#x27;s labor chief said Wednesday as the coronavirus pandemic threatens with more job losses.The government expects employment to &quot;bounce back&quot; with the help of BPOs and construction, Labor Secretary Silvestre Bello III said.&quot;Umaasa kami rito sa BPO. Maaaring tutulong yan sa pagbounce back natin dahil alam naman natin na marami sa ating kababayan ang walang trabaho,&quot; Bello said during a virtual press briefing on Wednesday.(We are pinning our hopes on BPOs. That can help us bounce back because we know that many of our countrymen don&#x27;t have jobs.)He added that a BPO firm already contacted the government to seek help for the hiring of 6,000 call center agents.A big part of the business process outsourcing (BPO) industry expects to expand this year despite the challenges posed by the COVID-19 pandemic.The IT and Business Process Association of the Philippines earlier said almost half of the companies it surveyed are still optimistic about growth this year, with strong demand from the healthcare, telecoms, e-commerce and logistics sectors.The hiring of construction workers meanwhile is expected to boom as the government goes full blast on its &quot;Build, Build, Build&quot; infrastructure program, Bello said.&quot;Dito naman sa construction, malaki ang pag-asa natin diyan dahil ngayon na full implementation ang public works,&quot; he said.(We have a big chance with construction because our public works are on full implementation.)&quot;It will generate a lot of construction work and we will have a lot of construction workers getting back their employment status,&quot; he added.In April, the Philippines&#x27; unemployment rate ballooned to a record 17.7 percent or equivalent to 7.3 million jobless Filipinos, according to government data.<ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/06/05/20/philippines-coronavirus-covid-lockdown-record-unemployment-jobless-73-million">Jobless Filipinos balloon to 7.3 million in April as unemployment soars in lockdown</a></li></ul>The labor department had said that it expects over 4 million more workers to lose their jobs by the end of the year.<ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/06/24/20/dole-expects-4-million-more-workers-to-lose-jobs-by-end-of-2020">DOLE expects 4 million more workers to lose jobs by end of 2020</a></li>	<li><a href="https://news.abs-cbn.com/business/06/10/20/dole-payroll-subsidies-employers-jobs">DOLE eyes payroll subsidies for employers to keep jobs</a></li>	<li><a href="https://news.abs-cbn.com/business/06/25/20/many-bpo-firms-expect-growth-this-year-despite-covid-19-disruptions">Many BPO firms expect growth this year despite COVID-19 disruptions</a></li></ul>

The Philippines is hoping to spur economic recovery with jobs in construction and the business process outsourcing (BPO) industry, the country's labor chief said Wednesday as the coronavirus pandemic threatens with more job losses.

The Philippines is hoping to spur economic recovery with jobs in construction and the business process outsourcing (BPO) industry, the country's labor chief said Wednesday as the coronavirus pandemic threatens with more job losses.

BPO, 'Build Build Build' to spur Philippine economic recovery says Bello

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BPO, 'Build Build Build' to spur Philippine economic recovery says Bello

Arianne Merez,

ABS-CBN News

Published July 01, 2020 02:19 PM PHT

Read More:

construction

public works

call center

BPO

business process outsourcing

Silvestre Bello III

jobs COVID-19

economy

new normal

trabaho COVID-19

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