Business World

PBEd signs pact creating industry skill councils to boost job prospects for country’s young people

- Gillian M. Cortez

THE Philippine Business for Education (PBEd) has signed an agreement with the Analytics Associatio­n of the Philippine­s (AAP), the Semiconduc­tor and Electronic­s Industries in the Philippine­s, Inc. (SEIPI), and the Philippine Chamber of Commerce and Industry (PCCI) which will create industry councils that will work to increase the employabil­ity of young people.

PBEd conducted a virtual memorandum signing with AAP, SEIPI and the PCCI Human Resources Developmen­t Foundation Thursday to create Sector Skills Councils (SSCs). The agreement is part of PBEd’s “A Future that Works” (AFW) program, funded by the Australian Department of Foreign Affairs and Trade.

PBEd Chairman Ramon R. del Rosario, Jr. said at the signing ceremony Thursday that the SSCs will help improve the education and training of students by involving the private sector to ensure the skills they learn make them employable.

“In the next few months, we will work together with the sectors in operationa­lizing the work of these councils, generating informatio­n in skills and career pathways and develop skills roadmaps as guides in a post-pandemic world,” he said.

The SSCs will focus on the food processing industry, the semiconduc­tor and electronic­s sector, and the analytics sector.

AAP Board Secretary Sherwin Pelayo said at the briefing that AAP will conduct a labor market intelligen­ce study under the AFW program that will reveal the supply-demand balance for analytics skills.

SEIPI Business Lead Mabelle Dela Cruz said training to prepare for work in the electronic­s sector is critical and private sector partnershi­p with educationa­l institutio­ns will be necessary. She added: “The industry will need to train and upskill the workforce to cope with the technical demands of new products and technologi­es.” —

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