TRIBUNE: ADB: NOT ENOUGH JOBS UNDER AQUINO - The local economy may be growing but not enough jobs are being created "to link economic growth to poverty reduction," the ADB said in a report released yesterday. The ADB in its update of Asian Development Outlook 2012 noted that despite the number of new jobs growing by 1 million over the past year, it only slightly exceeded in the labor force, and mainly reflected a rise in part time employment with 1.5 million positions created. "Full-time jobs fell by 500,000 in the same period."
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