NEDA supports passage of “Trabaho Para Sa Bayan” law, says measure will push PHL dev’t agenda

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THE National Economic and Development Authority (NEDA) welcomes the passage of the Trabaho Para sa Bayan Act, a landmark piece of legislation that seeks to address unemployment, underemployment, youth unemployment, the increasing precarity and informality of working arrangements, the reintegration of Overseas Filipino Workers (OFWs), and other challenges in the labor market.

Republic Act (R.A.) No. 11962 or the “Act Establishing the National Employment Master Plan, to be known as the ‘Trabaho Para sa Bayan Plan,'” was signed today by President Ferdinand Marcos Jr. during a short signing ceremony at the Kalayaan Hall in Malacañan Palace.

We support the Trabaho Para sa Bayan Act as it contributes to the Philippine Development Plan 2023-2028, which aims to increase employability, expand access to employment opportunities, and achieve shared labor market governance,” stated NEDA Secretary Arsenio Balisacan.

He said the comprehensive plan will also focus on improving the employability and competitiveness of Filipino workers through upskilling and reskilling initiatives, and provide support for micro, small, and medium enterprises (MSMEs) and industry stakeholders.

The TPB Inter-Agency Council (IAC), which Balisacan chairs, will conduct a comprehensive analysis of the employment situation and labor market in the country to ensure the effective use of resources, harmonizing and complementing all governmental efforts.

The TPB-IAC will also assist local government units (LGUs) in planning, devising, and implementing employment generation and recovery plans and programs within their respective localities, ensuring they are aligned with the TBP Plan.

With the passage of the TPB, this will facilitate stronger coordination and partnership among relevant agencies and stakeholders for the efficient implementation of employment programs,” Balisacan added.

The TPB Plan shall serve as the State’s master plan for employment generation and recovery, aiming to achieve short-term goals and a long-term vision of a matatag, maginhawa, at panatag na buhay para sa bawat Pilipino.

This law is a consolidated version of House Bill No. 8400 or the “Act Institutionalizing and Expanding the National Employment Recovery Strategy (NERS) to a Job Creation Plan,” and the Senate Bill No. 2035 or the “Act Establishing the National Employment Master Plan.”

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