EMPLOYMENT in information technology and business process management (IT-BPM) from January to September rose threefold, according to the Philippine Economic Zone Authority (PEZA). PEZA director general Tereso Panga noted the IT-BPM sector's significant growth as it offered 16,556 jobs compared to the 5,427 in the same period in 2023. The combined total of jobs including 2023 totaled 40,527.
"We hope to achieve a minimum 50-percent increase in projected jobs to meet our minimum target of 60,000 new jobs for 2024," Panga said, adding the figures may even be conservative, considering the IT and Business Process Association of the Philippines' goal of generating 120,000 new jobs across the sector.
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