Electronics firms top list of Clark job providers
CLARK FREEPORT -- The industrial electronics sector here has earned the number one spot in Clark’s top five list of employment generators, the Clark Development Corporation (CDC) reported.
In a report to CDC President Benigno N. Ricafort, the state-owned firm’s Customer Relations Department-Industrial Relations Unit said 20.57 percent of Clark’s total employment statistics for January 2010 come from the industrial electronics sector here.
The report, submitted by Industrial Relations Unit Head Ervyn Joy Rivera, added that Information Technology (IT) and communications sector tallied at 18.87 percent followed by the industrial garments industry with 15.74 percent.
The tourism and estate projects, on the other hand, posted 11.07 percent, while industrial and other manufacturing firms provided 10.03 percent to Clark’s latest employment figures.
Rivera also reported that CDC’s January 2010 job statistics posted an all-time high of 58,777 workers or an additional 754 workers since November 2009 where workers here reached 57,023.
The number of workers here took a slump at the height of the global financial crisis last year.
But according to Ricafort, “Because of the CDC’s sound economic agenda and the support extended by the state-owned corporation to the various crisis-affected firms, most companies here were able to recover from the economic meltdown.”
Ricafort added that the CDC’s Next Frontier project at the Sacobia Valley could boost employment here to 60,000 once tourism and other industrial-related projects are in full operation.
He added that more jobs would be generated once newly-signed expansion projects are completed and once semi-conductor giant Texas Instruments is fully-operational.
“CDC’s thrust is anchored in the vision of President Arroyo to make Clark as Central Luzon’s employment capital and contribute to generation of new workers to improve the economic growth of the country,” said Ricafort. (Rey Navales)