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Engages the stakeholders in a labor market signaling activity

PROJECT JOBSFIT. Engages the stakeholders in a labor market signaling activity Updates the labor market information of NMS (2006) and NHRC (2007) in aid of effective employment facilitation

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Engages the stakeholders in a labor market signaling activity

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  1. PROJECT JOBSFIT • Engages the stakeholders in a labor market signaling activity • Updates the labor market information of NMS (2006) and NHRC (2007) in aid of effective employment facilitation • Surfaces the labor market issues, and the corresponding recommendations to address the challenge of unemployment and talent mismatch

  2. OBJECTIVES • Identify the key employment drivers for the next ten years (2011-2020) • Assess the availability of the present and projected in-demand skills • Identify gaps and recommend strategies to address the gaps

  3. Working Groups • WG on Regional Stakeholders Consultation—BLE • WG on Labor Mobility and Employability Enhancement System—TESDA • WG on Consultation with Captains of Industry • WG on Overseas Employment Labor Market Intelligence (LMI) System—ILAB • WG on Overseas Employment Prospects—POEA

  4. Contents of report… • Summary of Results • Report on the Regional Consultations • Consulting the Captains of Industry • Availability of Skills • Overseas Employment Prospects • Summary of Issues and Recommendations • Annexes (Regional Labor Market Assessment)

  5. Industry Prospects Growth of Philippine economy will be driven by: • High-value, FDI-led agribusiness • Infrastructure (roads and highways, logistics, physical infrastructure projects) • Tourism (diving edge) • Medical Tourism • Retirement Estates (Subic, NCR, and cities of Tagaytay, Cebu , and Dumaguete)

  6. Industry Prospects BPOs (35% annual growth, $13 billion in revenues by end of 2010) Investment in ICT Real estate (BPOs investing in office space, growth in domestic and international tourism); Shipbuilding (exports of ships to the US, Mexico, and Norway); and Long term demand for OFWs

  7. 12 KEGs that have potential for absorbing the most number of the Philippine workforce

  8. Key Employment Generators • Agribusiness • Cyberservices • Health and Wellness • Hotel, Restaurant and Tourism • Mining • Construction

  9. Key Employment Generators • Banking and Finance • Manufacturing • Ownership Dwellings and Real Estate • Transport and Logistics • Wholesale and Retail Trade • Overseas Employment

  10. Emerging Industries • Renewable Energy • Power and Utilities • Diversified Farming and Fishing • Creative Industries

  11. Hard-to-fill and In-demand Occupations • There were about 108 identified hard-to-fill and in-demand occupations in the KEGs • The data were cross-checked with the following reports: • results of the DOLE-led survey on Occupational Shortages and Surpluses (BLES) • Output of the Presidential Task Force on Education

  12. Excerpt from the main report… Agribusiness

  13. Availability of Skills • Manpower stock shows that the 4 most popular degree programs are Nursing, Information Technology, Teacher Education, and Hotel and Restaurant Management • On TVET, around 693,143 certified workers out of the total certified 885,647 workers from 2006-2008 are into skills under the identified priority sectors

  14. Issues/Gaps • Lack of experienced and highly skilled workers • School curriculum not responsive to industry needs • Poor dissemination of Labor Market Information (LMI)

  15. Recommendations • Make OJT relevant to student’s field of work. (Review of apprenticeship and learnership policy) • Strengthen industry-academe linkage to improve the employability of workers • Establish government agency that is mandated to handle HRD concerns

  16. Recommendations • Refocus agricultural courses and review their standards • Intensify career guidance and dissemination of labor market information on in-demand occupations, especially for high school students • Improve language/English competency

  17. Recommendations • Establish/convene industry councils for regular labor market signaling activity • Build a national qualification system that is aligned with the international standards • Make the best talents stay in the country

  18. Recommendations • Create employment opportunities for nurses to address oversupply • Develop and strengthen emerging industries and harness OFW remittances for investments that create employment • Re-assess and review the Labor Code, as well as existing work-related laws and policies

  19. End of Presentation Visit our websites: www.ble.dole.gov.ph www.phil-job.net

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