Business World

Gov’t urged to move faster in setting up jobs plan council

- By John Victor D. Ordoñez Reporter

THE GOVERNMENT must move faster in assembling the council tasked with executing the plan to create quality jobs, with projection­s of growing unemployme­nt worldwide adding to the urgency, according to a labor group.

“Our policymake­rs now face the challenge of stimulatin­g quality economic growth, growth that not only creates jobs but also improves working conditions, strengthen­s societal resilience and ensures sustainabi­lity,” Jose G. Matula, president of the Federation of Free Workers (FFW), said in a Viber message.

“The FFW strongly advocates for the immediate constituti­on of the ‘Trabaho para sa Bayan’ council, ensuring tripartite representa­tion.”

In its 2024 World Employment and Social Outlook report published last week, the Internatio­nal Labour Organizati­on (ILO) said the global unemployme­nt rate is expected to grow to 5.2% this year, from 5.1% last year.

It said about two million more people are expected to be looking for jobs this year.

The ILO also urged countries to boost productivi­ty as about 58% of workers worldwide remain engaged in informal work.

In September, President Ferdinand R. Marcos, Jr. signed into law a bill authorizin­g the creation of a national employment roadmap and an inter-agency body to draft a national strategy for job generation.

The law aims to boost the competitiv­eness of the workforce through upskilling and reskilling.

National Economic and Developmen­t Authority Secretary Arsenio M. Balisacan has said the law will “facilitate stronger coordinati­on and partnershi­p among relevant agencies and stakeholde­rs for the efficient implementa­tion of employment programs.”

The unemployme­nt rate eased to an 18-year low in November of 3.6%, the Philippine Statistics Authority said.

Job quality remained unchanged that month, as the underemplo­yment rate, the share of the employed who are seeking more work or longer hours, stayed at 11.7%.

“The FFW urges the Philippine government to align with internatio­nal standards, focusing on creating a more equitable society through improved employment and labor practices,” Mr. Matula said.

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