MANILA — Labor Secretary Silvestre Bello III said during a Manila Times webinar that the business process outsourcing (BPO) industry kept the employment rate in the Philippines stable amid the pandemic.
Sec. Bello said the BPO industry has helped the economy and employment rate of the country stable despite the scourge of the pandemic to people and the economy.
“Aside from its outstanding role as a chronicler of Philippine history, the Manila Times is also an ally of Department of Labor and Employment,” Sec. Bello said.
He also said that the Manila Times helps the DOLE in promoting decent jobs for the Filipino online while adding that the BPO industry continues to serve as one of the foremost economic drivers of the country.
“The BPO industry serves as one of the foremost economic drivers of our country contributing a total of $26,700,000,000 in revenues,” said Sec. Bello.
The BPO companies also hired 23,000 new full-time employees under the 2020 applicable flexible working hours to sustain business operations in the midst of a crisis.
In considering the pandemic, this is a rather remarkable increase of 1.8% compared to 2019 bringing the total industry employment 1,320,000,000 employees.
Sec. Bello said that the DOLE continues to give a hardened support as the BPO soldiers continues to serve the country. (ai/mtvn)