Photo taken from Bongbong Marcos

In a resounding declaration of optimism and progress, President Marcos has emphatically assured the Filipino public that each citizen will have access to gainful employment in the envisioned ‘Bagong Pilipinas’ (New Philippines). The President’s assurance comes on the heels of encouraging reports showcasing a remarkable surge in the country’s labor market.

Revealing his satisfaction with the notable strides in the labor sector, President Marcos welcomed the news of the country’s labor force participation soaring to 66.6 percent in December 2023, coupled with an impressive rise in the employment rate, which reached 96.9 percent.

Through a post on his X account, President Marcos conveyed his commitment to nurturing an environment conducive to employment growth. “Sa Bagong Pilipinas, ang pag-unlad at kasaganaan ay hatid sa bawat tahanan, sapagkat tiyak na may magandang trabahong naghihintay para sa bawat Pilipino” (In the New Philippines, progress and prosperity are ensured in all homes because jobs are guaranteed for every Filipino), Marcos stated, emphasizing the inclusive nature of the Bagong Pilipinas vision.

Expressing his pleasure at witnessing substantial progress and resilience in the labor market, President Marcos commended the decrease in the country’s unemployment rate to a mere 3.1 percent, coupled with a significant drop in the underemployment rate to 11.9 percent.

Attributing this positive momentum to robust growth across all major industry groups, Marcos highlighted the pivotal roles played by construction, agriculture, and services in leading the way towards economic prosperity.

Underscoring the government’s dedication to fostering an environment conducive to employment growth, President Marcos outlined the implementation of both demand- and supply-side interventions. He stressed the significance of pro-investment reforms and strategic partnerships to attract more investments, ensuring the country remains an attractive destination for businesses.

President Marcos pointed to key legislative initiatives, such as the Public-Private Partnership Code and the 4PH Housing Program, as catalysts for stimulating economic activity and creating additional job opportunities. These programs are poised to play a crucial role in fortifying the foundations of Bagong Pilipinas.

Furthermore, the President affirmed the government’s commitment to up-skilling and re-skilling initiatives, recognizing the importance of equipping the workforce with the necessary skills to thrive in high-quality employment opportunities. Embracing innovation, the administration aims to create an adaptable workforce ready to navigate the evolving landscape of employment.

In closing, President Marcos expressed his unwavering optimism about the future of Bagong Pilipinas, urging the nation to join hands in building a prosperous and equitable society. As the country strides confidently into this new era, the promise of jobs for all stands as a beacon of hope, illuminating the path towards a brighter and more inclusive future for every Filipino.

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