NEDA vows to step up creation of jobs as more Filipinos unemployed in March

Over two million Filipinos found themselves unemployed in March, a significant increase from the 1.8 million jobless Filipinos in February 2024, according to the Philippine Statistics Authority .

“We will focus on attracting job-generating investments from the private sector and scaling up social and physical infrastructure to improve our people’s employment prospects to achieve this goal. These will be accompanied by reskilling and upskilling programs to increase employability,” he added. Balisacan also calls for the passage of the Konektadong Pinoy Bill, which NEDA expects to reduce costs and expand access. “Digital connectivity can provide the workforce with more opportunities, particularly for individuals engaged in care work and other household responsibilities,” he said.

This includes accelerating the implementation of investment-enhancing economic liberalization laws and the Public-Private Partnership Code, including pushing for the immediate passage of the amendments to the Corporate Recovery and Tax Incentives for Enterprises Law dubbed as CREATE MORE. Apart from this, the government is ramping up the roll-out of the Build Better More program, which will not only offer more employment opportunities for construction workers, but will also open the doors for more highly technical jobs such as engineering, architecture, and consultancy that will nurture Filipino expertise and talent.

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