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Business Mirror

Saturday
Nov 21st
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3.5-M backlog in job creation

DESPITE high hopes that the Arroyo administration will be able to create a million jobs every year starting 2004, the updated Medium-Term Philippine Development Plan (MTPDP) 2004 to 2010 showed that job generation remained below target.

The updated MTPDP said while the government was able to generate around 3.5 million jobs in the 2004 to 2008 period, this represented a backlog of around 3.5 million jobs.

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