Vuélvete ilimitado con Magzter GOLD
Obtenga acceso ilimitado a más de 9000 revistas, periódicos e historias Premium por solo
Intentar ORO - Gratis
Government rolls out 10-year job creation program
The Freeman
|May 07, 2025
The government has launched a long-term masterplan for job creation that aims to bring down the unemployment rate and increase the labor force participation rate (LFPR) by 2034.
-
The Department of Economy, Planning and Development (DEPDev) together with the Department of Trade and Industry as well as the Department of Labor and Employment yesterday unveiled the Trabaho Para Sa Bayan (TPB) Plan 2025 to 2034.
The plan outlines the strategies for job creation and enhancing the employability of the Filipino workforce over the next decade.
Aligned with the Philippine Development Plan 2023 to 2028 and the long-term vision or the AmBisyon Natin 2040, President Marcos signed Republic Act 11962 or the TPB Act in September 2023 to address challenges in the labor market.
Under the TPB, the government aims to increase the LFPR or percentage of the working-age population that is either employed or actively seeking employment to 68.2 percent in 2034 from 64.4 percent last year.
The plan also aims to increase the female LFPR to 54 percent in 2028 and 59 percent in 2034, from 53.8 percent in 2024.
The government is also targeting to lower the unemployment rate to three percent by 2034 from 3.8 percent last year.
Esta historia es de la edición May 07, 2025 de The Freeman.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE The Freeman
The Freeman
Jaguars crush Wildcats to bolster Final Four bid
The University of San Jose-Recoletos (USJ-R) Jaguars dominated the Cebu Institute of Technology-University (CIT-U) Wildcats, 63-47, to strengthen their Final Four campaign in the Cebu Schools Athletic Foundation, Inc. (CESAFI) Season 25 basketball tournament on Thursday, November 20, at the Cebu Coliseum.
1 min
November 22, 2025
The Freeman
DICT chief targets to raise digital economy's share to GDP to 12.5%
The Department of Information and Communications Technology (DICT) is aiming to increase the share of the digital economy to gross domestic product (GDP) to 12.5% by 2028, by fast-tracking digital infrastructure projects and attracting more hyperscalers to operate in the country.
3 mins
November 22, 2025
The Freeman
City creates office that helps graduates find jobs
Graduates will soon find job hunting easier with the establishment of a Job Placement Office (JPO) that will provide structured access to internships, career guidance, and employment opportunities right after graduation.
1 mins
November 22, 2025
The Freeman
Topline taps exclusive leasing agent for Bay Mall office spaces
Topline Equity Corp., the parent company of listed Top Line Business Development Corp., has appointed Leechiu Property Consultants Inc. as the exclusive leasing agent for office spaces at Bay Mall in Liloan, Cebu, as the group expands its footprint in the province's real estate sector.
1 mins
November 22, 2025
The Freeman
3 die as 5.5-magnitude quake hits Bangladesh
A powerful earthquake struck Bangladesh on Friday outside the crowded capital Dhaka, killing at least three people and injuring many others, health officials said.
1 min
November 22, 2025
The Freeman
BIR: Digital VAT collection nears P7 billion
The Philippine government has collected almost P7 billion from a 12% value-added tax (VAT) on digital services, the Department of Finance said, providing a lift to revenue intake at a time when slower growth and a corruption probe are weighing on collections.
2 mins
November 22, 2025
The Freeman
Japan's Takaichi insists $135B stimulus fiscally 'responsible
Japanese Prime Minister Sanae Takaichi insisted that a $135-billion stimulus package approved Friday was fiscally responsible and that she would reduce the country's colossal debt burden.
2 mins
November 22, 2025
The Freeman
Maxey stars as Sixers turn back Bucks
Tyrese Maxey scored 54 points to spark the Philadelphia 76ers in a 123-114 overtime NBA victory at Milwaukee, while San Antonio surged late to beat Atlanta.
2 mins
November 22, 2025
The Freeman
'One year to stop flooding'
Marcos urged residents to closely monitor the progress of the operations until August next year. \"Ang pangako sa atin, one year. So, ang pangako sa akin, 'pagka umulan ulit, hindi na magbabaha,\" he told Cebu media and local officials led by Cebu Governor Pamela Baricuatro.
3 mins
November 22, 2025
The Freeman
Magkaisa this November!
Can the diversified protesting groups this November unite, even just for a minute or more, and agree to protest about common issues as one people, as Filipinos, as one country?
2 mins
November 22, 2025
Listen
Translate
Change font size