Gov't aims to create 1.5 million jobs a year

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Metro Manila (CNN Philippines) — The Duterte administration released on Tuesday the initial version of the Philippine Development Plan (PDP), and it is setting an ambitious goal of creating 1.2 million to 1.5 million jobs every year until 2022.

Socioeconomic Planning Secretary Ernesto Pernia said on the same day that the goal can be achieved, because of so much untapped potential especially in manufacturing and tourism.

This comes after the government reported that the output of manufacturing companies jumped close to 15% last November. Production was highest for petroleum products, transport equipment and food. Pernia said this could grow even stronger in December because of demand during Christmas season.

According to the latest survey of Philippine Business and Industry, manufacturing earned the most income among all sectors in 2014. The sector employed 1 in 4 people, and accounted for 25% of salaries or wages. More importantly, it hired the most people and spent the most in salaries and wages.

Pernia said the blueprint will center on three key values of the Duterte presidency: malasakit (compassion), pagbabago (change), and kaunlaran (progress).

"Pagbabago is transformation, real transformation that will reduce inequality. And that is supportive of strengthening solidarity. And then kaunlaran, we want to strengthen... our economic growth potential," Pernia explained.

The draft PDP will be made available online.

The public can send in their comments on the plan until Thursday.