OUR APPROACH TO
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JOBS AND GROWTH
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3.4 additional jobs
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are generated for each job created in the health sector when considering the impact on related industries such as logistics, technology, and pharmaceuticals.
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65% of new jobs
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in emerging economies are created by “high-growth firms,” which represent fewer than one-in-five formal businesses. This illustrates how a small number of firms account for a disproportionate share of new jobs.
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5 million more and better-paid jobs
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could be created in the Philippines by 2040 through targeted reforms in connectivity, human capital, regulation, and private investment. At the same time, wages could raise by over 12%.
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results
Health Works
Mother and child in a clinic
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Jobs Campaign
Jobs campaign
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Running Uphill: Growth, Jobs, and the Quest for Productivity
https://www.worldbank.org/en/country/philippines/publication/philippines-growth-and-jobs-report-2025
Running Uphill: Growth, Jobs, and the Quest for Productivity
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Research & Publications
More Research & Publications
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Publication
Country Growth and Jobs Report
Country Growth and Jobs Report
A World Bank core diagnostics tool launched in early 2025, the Report puts jobs at the center of country-specific analyses and recommendations that can be used by governments to identify constraints not only to faster growth but also pinpoint what can drive employment and quality of jobs.
Read Full Report
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MORE ON
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JOBS AND GROWTH
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program
Creating Jobs for a Better Future
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More on Jobs
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program
Jobs Umbrella Multi-Donor Trust Fund
Jobs Umbrella Multi-Donor Trust Fund
See all Reports
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Jobs—The Path to Prosperity
Jobs—The Path to Prosperity
See all Events
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Fiscal Policy and Growth
Poverty reduction, social equity, and sustainable growth are only possible with sound monetary and fiscal policies. The World Bank supports countries in the design and implementation of economic reforms to strengthen macroeconomic stability.