Under the administration of President Rodrigo Roa Duterte, Department of Labor and Employment Secretary Silvestre H. Bello III is elated with the strong performance of the construction sector with total employment of 4.012 million in April 2018.
“The Labor Force Survey conducted by the Philippine Statistics Authority in April 2018 indicates an increase of 468,000 jobs generated in the construction sector from the year ago level,” Bello said.
“The construction sector is the largest contributor to employment among the industry subsections during the period and we believed the Build Build Build infrastructure program is the main driver of growth,” he added.
Department of Public Works and Highways Secretary Mark Villar noted that the gain of this administration is higher than the increment generated from years 2011 to 2015.
“In 2011, net employment recorded was only at 74K. 2015 figure was at 119K. Clearly, the Build Build Build is gaining momentum at an unprecedented rate,” Villar added.
“In the first quarter of 2018, the Gross Value Added in Construction is at 9.3%,” he noted.
Department of Transportation Secretary Art Tugade also noted that the Build Build Build program of the administration is expected to create an average employment of about one million every year.
“The Duterte Administration is on-target. Investments in construction grew by 10.1% in the first quarter of 2018. Public construction expanded by 25.1%,” he said.
Bases Conversion and Development Authority President Vince Dizon said the Jobs Jobs Jobs Portal, a job matching platform between potential employers and employees, is now accessible to the public via www.build.gov.ph with at least 11,000 jobs.
“Build Build Build is Jobs Jobs Jobs. Unemployment has already decreased to 5.5% from 5.7%. We expect this figure to shrink further,” he added.
This August 12, the Build Build Build team will launch Jobs Jobs Jobs at the SMX Convention Center from 8:30 AM to 4:30 PM.