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Pedestrians traverse Ortigas Center in Pasig City. Mark Demayo, ABS-CBN News

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Pedestrians in Ortigas Center

Lady Vicencio

ABS-CBN News

<div><span class="fr-img-caption fr-fic fr-dib" style="width:869px"><span class="fr-img-wrap"><img src="https://od2-image-api.abs-cbn.com/prod/editorImage/20190606-pedestrians-people-walking-1633-MD.jpg" style="width:960px" class="fr-fic fr-dib"/><span class="fr-inner" style="text-align:left">Pedestrians traverse Ortigas Center in Pasig City. <strong id="isPasted"><em>Mark Demayo, ABS-CBN News</em></strong><br/></span></span></span></div><p>MANILA - The national government is set to create a master plan that aims to generate high quality jobs in the labor market under the Trabaho Para sa Bayan law signed last year.</p><p>The inter-agency council composed of the National Economic and Development Authority, the Department of Labor and Employment, and the Department of Trade and Industry signed the Implementing Rules and Regulations of the Trabaho Para sa Bayan Act on Tuesday. This will serve as the framework for labor and employment programs and targets.</p><p>The IRR also mandates the creation of 10-year, 6-year, and 3-year strategies that will complement the Philippine Development Plan. <a href="https://news.abs-cbn.com/business/2024/3/8/unemployment-underemployment-climb-in-january-900" id="isPasted"></a></p><div><a href="https://news.abs-cbn.com/business/2024/3/8/unemployment-underemployment-climb-in-january-900">Unemployment, underemployment climb in January</a></div><p>NEDA Secretary Arsenio Balisacan said the plan will help the government craft programs to improve the employability of the labor force and generate high quality jobs.</p><p>“We want to see continued improvement in other statistics particularly the underemployment rate and the share of wage and salary workers. These indicators are the barometers of the quality of jobs which we commit to enhance further… We recognize that we have much to do in our efforts if we wish to further equip our workers with emerging and in-demand skills that are adaptive to the fast-paced and ever-changing domestic and local economy,” Balisacan said.  (around 2 mins of speech)</p><p>Balisacan said that as more industries are gearing towards digitalization and automation, reskilling and upskilling of the labor force based on the current and future needs of the market is needed to ensure inclusive growth.</p><div><a href="https://news.abs-cbn.com/business/01/15/24/ai-to-impact-60-pct-of-advanced-economy-jobs-imf" id="isPasted">AI to impact 60 pct of advanced economy jobs: IMF</a></div><p>He emphasized that the labor force needs to be equipped with the skills to use advanced technology instead of seeing it as a threat to the workforce.</p><p>“Going back to our history, if our response to the internet would have been “No, we should not adopt the internet because it will replace the usual secretary doing the dialing,” we would have ended in a far worse situation. We would want a labor force that is agile, can adjust to these technologies and challenges. Siyempre education is such a critical element because their ability to adapt depends on the culmination of skills,” Balisacan said.</p><div><ivs-player data-ivs-key="e8c22c015ca9eafa76f1e3edfa03c603" data-ivs-spid="3001339" data-ivs-vid="2967094"></ivs-player></div><script src="https://player.ivideosmart.com/ivsplayer/v4/dist/js/loader.js"></script><p>While priority sectors in the master plan are yet to be determined, Balisacan said that the creative and digital sectors will be included to boost the country’s competitiveness in these industries.</p><p>The Trabaho Para sa Bayan Plan is expected to be completed within the year.</p><p>NEDA has yet to release a copy of the Trabaho Para sa Bayan IRR.</p>

<p>The national government is set to create a master plan that aims to generate high quality jobs in the labor market under the Trabaho Para sa Bayan law signed last year.</p>

The national government is set to create a master plan that aims to generate high quality jobs in the labor market under the Trabaho Para sa Bayan law signed last year.

Gov't to create master plan to boost jobs under Trabaho Para sa Bayan

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Gov't to create master plan to boost jobs under Trabaho Para sa Bayan

Lady Vicencio,

ABS-CBN News

Published March 12, 2024 06:01 PM PHT

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Updated October 16, 2024 10:53 AM PHT

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Trabaho Para sa Bayan Act

Trabaho Para sa Bayan Plan

National Economic and Development Authority

NEDA

jobs

employment

labor force

creative sector

automation

AI

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