Marcos: Gov't to continue upskilling, reskilling Filipino workers
following the drop in unemployment rate:

Marcos: Gov’t to continue upskilling, reskilling Filipino workers

By: - Reporter / @JMangaluzINQ
/ 08:46 AM February 08, 2024

Marcos: Gov't to continue upskilling, reskilling Filipino workers

Workers construct the different parts of a shoe at a factory in Marikina City. President Ferdinand Marcos Jr. earlier signed the Trabaho Para sa Bayan Act, which he says will help in upskilling Filipino workers to address the country’s underemployment rate. —GRIG C. MONTEGRANDE

MANILA, Philippines — President Ferdinand Marcos Jr. on Thursday said that the government will continue to upskill and reskill the country’s workforce following the drop in unemployment.

Philippine joblessness dropped to 3.1 percent in December 2023 from 3.6 percent in November 2023.

ADVERTISEMENT

READ: PH jobless rate eased to record low of 3.1% in Dec. 2023

FEATURED STORIES

“We will continue to implement both demand- and supply-side interventions, including pro-investment reforms and strategic partnerships , to attract more investments,” said Marcos in an X post.

“We will also pursue up-skilling and re-skilling initiatives and promote innovation to prepare our workforce with the necessary skills and adaptability to thrive in many high-quality employment opportunities,” he added.

Marcos said that initiatives such as the Public-Private Partnership Code and the Pambansang Pabahay para sa Pilipino Program will continue to create job opportunities.

The President said he was pleased with the labor force market.

“This positive momentum is attributed to robust growth across all major industry groups, with construction, agriculture, and services leading the way,” said Marcos.

“Looking ahead, our government remains committed to fostering a conducive and enabling environment for employment growth,” he said.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: Bongbong Marcos, unemployment rate

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.