The World Bank has released a report that most of the jobs created in the Philippines were "informal".

In-work poverty prevails in the country even though more jobs were created to absorb the escalating labor force due to less “good jobs” or formal jobs and the low earning capacity of poor workers.
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However, a Malacañang official belies World Bank statement by saying that the country has made enough jobs and it is already a commendable achievement.

In an interview on Saturday with Communications Secretary Herminio Coloma Jr. to the state-run dzRB said, "Ngayon, tanungin natin: Hindi ba napakahalagang accomplishment ito na ‘yung economic growth ay nakalikha na ng sapat na trabaho upang ma-absorb o matugunan ‘yung pangangailangan ng lumalaking labor force at hindi na nadagdagan ‘yung kawalan ng trabaho".

Secretary Coloma however added, “Kung tutunghayan natin ‘yung buong salaysay, ‘yung buong istorya, balanse naman iyong ulat ng World Bank”.
The Palace official also pointed out that the report is not purely to criticize the Philippines.

Source: GMA News

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