Business Process Outsourcing News and Information

National Statistics Office in Philippines has claimed that the jobless growth rate has come down in 2007. According to the study approximately half or 49% of all employed persons got placed in services sector. Among other sectors the sector which recorded highest growth in the said period is, well, no prize for guessing, is the business process outsourcing (BPO) sector.

The data showed that services sector, helped by the income generated by the businmess process outsourcing industry has grown from 8.2 percent year-on-year from January to September this year.  

Philippines BPO sector is booming: Philippine's Business Process outsourcing sector is booming right through the roof. The growth rate projected by the sector is indeed amazing. Last year the industry grew by 137 per cent or 2.5 billion dollars in revenues. During the same year, the industry saw a 53 per cent increase in the BPO workforce or 81, 000 new jobs generated. Source

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