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PH launches Ist 10-yr labor plan
Manila Bulletin
|May 6, 2025
The Department of Economy, Planning, and Development (DEPDev) officially launched the Trabaho Para sa Bayan (TPB) Plan 2025-2034 on Monday, May 5, marking the Philippines’ first 10-year labor market development strategy.
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The landmark plan lays out a comprehensive roadmap for job creation, labor market transformation, and inclusive workforce development aligned with the medium-term Philippine Development Plan (PDP) 2023-2028 and the long-term AmBisyon Natin 2040, DEPDev said in a statement.
The launch comes shortly after the enactment of the Economy, Planning, and Development Act, under Republic Act (RA) No. 12145, which transformed the state planning agency National Economic and Development Authority (NEDA) into DEPDev, it noted. This institutional reform aims to enhance the government's long-term planning capacity and policy coherence, it added.
This story is from the May 6, 2025 edition of Manila Bulletin.
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