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The desire of the Aquino administration to ensure that its actions are corruption-free and can stand up to scrutiny is backfiring. Half of its term is over but there is so much yet to be done to restructure the economy for it to generate the jobs required to reduce poverty. And we’re not even mentioning the stalled projects under the flagship Public-Private Partnership program.
By Cielito F. Habito
Creating more jobs, as we all know, remains the foremost challenge for our economy in the years ahead, even as brisk rates of economic growth have lately put the Philippines ahead of the pack in South East Asia, and even Asia as a whole.
By Mahar Mangahas
Last Tuesday, the Inquirer’s subhead, “SWS: Unemployment rate rose to 27.5% in Q4,” was critically imprecise, because the SWS statistic Joblessness is defined differently from the official statistic Unemployment. To emphasize the difference here, I write the former with a capital J, and the latter with a capital U. Unlike the ordinary mass media, SWS is careful not to interchange its term Joblessness with the official term Unemployment.
By Butch Hernandez
Dean Elmer Lolin of the University of Northeastern Philippines (Unep) College of Business Education was emphatic. “You must come and speak to the deans of the business schools and their students about CMO 6 and the IT BPM (information technology and business process management) industry,” he said.
So I sent my resignation letter for my fifth job. In that cold afternoon high up in the mountains, I held on to my office table, told myself “good luck” in a whisper, wrote my last log-out in the logbook, stepped out the door, and took one last look at the shaft where our workers pass when going down.
By Leonardo Q. Montemayor
Amid the rosy reports on the economy’s expansion in 2012 and 2013, one senses dismay over the lack of growth in jobs and incomes as well as the widening gap between the rich and the poor.
By Peter Wallace
Have you ever tried to get a committee to agree on something? Or worse, to agree to many things? Or even worse, many things where strong positions prevail, or something worse than that: two or three committees to come together to agree? If so, then you’ll realize what monumental significance there is in getting 17 business chambers to agree on not just one but eight issues they all think are of the highest importance. The 17 are made up of 10 local business chambers supported by seven foreign ones. It’s an amazing confluence of disparate entities that shouldn’t be ignored.
By Artemio V. Panganiban
Applauding the economy’s giant 7.8-percent leap for the first quarter of the year, the World Bank and the Management Association of the Philippines (MAP), the organization of top business executives of the country, called for the conversion of this naked growth to inclusive growth, one that alleviates poverty and creates jobs for our masses.
By Peter Wallace
President Aquino wants to be a reformist president, and he’s doing a good job at reforming society. His “daang matuwid” resonates with the people, and is something they want: a clean, honest government that cares. But they also want a decent life, and that he hasn’t yet provided.
In his column titled “Where are the billionaires and the superrich?” (Opinion, 4/22/13), Neal Cruz pitted the demand for higher wages against the need for more jobs. He said that if labor becomes too costly, investors will stay away from the country, and that workers should “accept lower wages first.”
Another day, another accolade for the country’s economic performance. The latest comes from Moody’s Analytics, which, in a report released six days ago, called the Philippines “Asia’s rising star” with a potential to become “one of the world’s fastest-growing economies.” Its 6.6-percent growth in 2012 is “impressive,” said the report—a growth that “looks sustainable, as risks are low and most sectors of the economy are growing solidly.”
By Ching Jorge
Over the years there has been a mismatch between the quality of our graduates and the needs of industry. There have been efforts by the private sector (e.g., preemployment training) and the government (the K-to-12 system and Tesda’s notable TVET framework of school-based, center-based, enterprise-based and community-based training), but these are not enough especially if these are not implemented in congruence with a strategic national education master plan.