The private business sector pledged on Labor Day to create another million quality, decent and sustainable jobs adapted to current market conditions.

The pledge was signed by 9 business organizations and 3 government agencies as a follow-up to the first manifesto signed in June last year where the same business groups and three government agencies including the National Strategy Task Force Recovery Plans (NERS) have agreed to create one million jobs.

This year, on the occasion of the 120th Labor Day, the private sector group led by the Confederation of Employers of the Philippines (ECOP) renewed its commitment and pledged to create more decent, productive and quality jobs. and equipping workers with the right skills. , skills and tools to meet the skills needs of industries.

The new program, which adopts a new brand, “Beyond 1 Million Jobs: Create. Support. Transform,” aims to surpass all the achievements of the previous year, both in quantity and quality of jobs for Filipinos.

“As we move away from the lingering pandemic and with an upcoming administration, the objectives of the program will also be intensified – transcending job creation, to encompass maintaining and transforming jobs to ensure interventions are timely and relevant to current labor market conditions,” said ECOP President Sergio Ortiz-Luis Jr.

Ortiz-Luis said the private sector has pledged to create another million jobs after meeting its first commitment to create one million jobs in the first quarter of this year.

He said the drivers of job growth this year are expected to come from tourism, construction, IT process management and manufacturing.

With the full reopening of the economy, more jobs will be created, especially in tourism, the hardest hit sector during the pandemic. There is also continued expansion in the IT-BPM sector as well as robust growth expected in electronics globally.

In fact, the NERS task force now includes the Philippine Association of Legitimate Service Contractors (PALSCON) and the IT and Business Processing Association of the Philippines (IBPAP) who have pledged to participate in the effort and contribute to the recovery. employment.

In addition to job creation, the program of the NERS task force under the “Beyond a Million Jobs: Create. Sustain. Transform” aims to examine several areas to empower workers.

Above all, the program will examine policies aimed at ensuring that the country is attractive for investment and that the business environment is conducive to growth and expansion.

The program will also look at strategies on how to help industries and businesses keep jobs, and plans on how to ensure that employers, workers and government are able to adapt to the world of work. constantly evolving work.

Under the agreement, the business sector will recommend specific improvements to the business environment to the NERS task force. The NERS task force will in turn review, harmonize and develop policies that meet the demands of the future labor market, enable formalization and encourage investment to create more jobs.

To support job creation, the private sector has agreed to expand and strengthen links between industry and academia for targeted training, skills matching and skills anticipation.

The government or the NERS task force will institutionalize and harmonize industry-university links, allocate funds for training under existing government programs and use the national skills mapping initiative to match supply and demand.

To transform the Filipino workforce into a globally competitive labor pool, the business sector will identify needed domain-specific skills, including emerging skills to be developed by member companies.

The NERS Task Force will also provide timely and up-to-date labor market information, train workers based on identified industry skill needs, and engage the education sector in labor supply development. of work that corresponds to the needs of the industry.

The manifesto was signed by members of the NERS task force, including Secretary of Commerce and Industry Ramon M. Lopez, Secretary of Labor and Employment Silvestre H. Bello III, and Secretary of TESDA Isidro S. Lapena.

In addition to Ortiz-Luis, employer-side signatories include ECOP President Edgardo G. Lacson, PCCI President George T. Barcelon, Hotel and Restaurant Association of the Philippines Eugene T. Yap, President and IBPAP CEO Jack Madrid, PALSCON President Rhoda C. Caliwara, Philippine Constructors Association Inc. President Wifredo Decena, Philippine Hotel Owners Association Inc. President Arthur Lopez, Semiconductor and Electronic Industries in the Philippines Inc. President Danilo C. Lachica, and Confederation of Philippine Exporters of the Philippines.