MANILA - Small Filipino businessmen and expanding conglomerates are driving jobs growth outside Metro Manila, according to a study by a recruitment website.
The provinces now account for 40 percent of job postings on Jobstreet.com, compared to 28 percent in 2014. The capital's share declined to 60 percent from 72 percent during the same comparable period, said its country manager for the Philippines, Philip Gioca.
Some 25,000 companies advertise job openings on Jobstreet, Gioca told ABS-CBN News.
"It is growing but the growth comes from provincial companies na small to medium lang ang sizes nila," he said.
(It is growing but the growth comes from provincial companies that are small to medium in size.)
"A lot of Filipinos are now more adventurous to set up their businesses. Most of them prefer to sell small items such as garments," he said.
Shopping mall and condominium projects from SM Investments, Ayala Corp and Robinsons Land are leading job drivers in the countryside, he said.
"They are building communities outside Metro Manila so that spurs growth for infrastructure and employment," Gioca said.
American companies, however, are holding off on expansion outside the capital due to caution over the protectionist policies of US President Donald Trump.
"Ang kanilang proposed investments or number of jobs projected needed for the year, they're not improving it... zero growth," he said.
(Their proposed investments or number of jobs projected needed for the year, they're not improving it.)