User:Lanzroco/sandbox

History
According to this paper, since the 1980’s, unemployment rate stayed between 8-11% in the Philippines. Even if the economy did have some growth, there was always that problem of generating jobs. The MTPDP (Medium-Term Philippine Development Plan 2004-2010) has set a target to create “1.5 million jobs a year between 2004 and 2010, or a total of 10 million jobs by 2010.” Though the government came short of this success, in 2006 the government was able to identify nine employment-generating factors and these are cyberservices, aviation, agribusiness, health services, mining, creative industries, hotels and restaurants, medical tourism and overseas employment. The BPO sector only accounted for 0.075% of the GDP in 2000 but rose to 2.4% in 2005 which indicated a great potential for generating employment. In this sector alone, it reached a staggering one million workers by 2010 and accounted for 27% of all new jobs.

Sources have put Accenture partner Frank Holz as the first one to bring an IT center in Metro Manila in 1992. This is followed by Sykes Asia Inc. in 1997. Two years later, eTelecare came in the Philippine market. 2003 had Convergys Corp. which opens two call centers. ePLDT Ventus (now known as SPi Global CRM Inc.) arrives in 2006. In 2010, Philippines was declared the world's BPO capital of the world. ramen