Labor dep’t study sees IT-BPM as key jobs generator until 2022

THE labor department said the Information Technology and Business Process Management (IT-BPM) will remain the Philippines’ top job generator until 2022.
According to the Department of Labor and Employment’s (DoLE) and the Bureau of Local Employment’s (BLE) JobsFit 2022 Labor Market Information Report, IT-BPM is projected as the key employment generator (KEG) between 2017 and 2022 for most regions in the Philippines.
“IT-BPM service exports have immensely increased and will continue to be strong for the next years,” the report said.
The report also said that according to its 2017 Consultations, 11 out of the 12 regions included in the study identify the IT-BPM industry as a major KEG. These regions are Cordillera Administrative Region (CAR), National Capital Region (NCR), Region 3 (Central Luzon), Region IV-A (CALABARZON covering Cavite, Laguna, Batangas, Rizal, and Quezon). Region IV-B (MIMAROPA covering Mindoro, Marinduque, Romblon, and Palawan), Region V (Bicol region), Region VIII (Eastern Visayas), Region X (Northern Mindanao), Region XI (Davao Region), Region XIII (Soccsksargen covering South Cotabato, Cotabato City, Cotabato Province, Sultan Kudarat, Sarangani and General Santos City) and the former Negros Island Region (NIR).
The report said that further growth will be seen in the IT-BPM sector when the industry prioritizes upskilling its workers to deliver in-demand services such as data analytics; application development management; remote health care management; augmented and virtual reality; and gamifications among other IT-BPM services.
Other major KEGs noted by the JobsFit 2022 report are wholesale and retail trade; transport and logistics; manufacturing; construction; agribusiness; banking and finance; hotels, restaurants and tourism; education; and health and wellness.
“These KEGs reported by respective regions are at par with the priority sectors identified in the AmBitionNatin2040 and the TNK (Trabaho Negosyo at Kabuhayan) Blueprint,” JobsFit 2022 said.
The TNK Blueprint targets the generation of 7.5 million jobs, focused on the major KEGs, and to lower unemployment to 5% by 2022. — Gillian M. Cortez