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  • PBBM inks law to address jobs mismatch, boost career dev’t
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PBBM inks law to address jobs mismatch, boost career dev’t

admin November 7, 2024
employment
Post Views: 392

PRESIDENT Ferdinand R. Marcos Jr. signed the Enterprise-Based Education and Training (EBET) Framework Act into law on Thursday to tackle persistent issues of jobs mismatches and build a highly skilled, globally-competitive Filipino workforce.

“By establishing a framework on career advancement and industry-relevant skills, this law directly addresses the issues on the lack of formal training and skill mismatches, ensuring that every Filipino can contribute and benefit from our nation’s growth,” President Marcos said during the ceremonial signing of the law at the Malacañan Palace.

The President said the EBET will provide Filipino workers with accessible, relevant skills training that bridges individuals’ capabilities with industry demands.

“By opening pathways to professional growth, employment opportunities, and entrepreneurship, we are answering the call for quality employment and fostering a globally competitive workforce,” the President said.

The President said the law will strengthen partnerships with the private sector “to align our training programs with real-world industry needs.”

“The private sector will play a crucial role in ensuring that our workforce is properly equipped with the right skills to meet the demands of the industry,” he said.

President Marcos is optimistic the new law will help further improve the country’s employment and unemployment rates as he noted that the numbers already improved in the past three months.

The Chief Executive explained the EBET Framework Act harmonizes various approaches, including apprenticeship, leadership, and dual training system under one cohesive structure designed with inclusivity.

He added the EBET will target foundational and mid-level skills, providing participants with practical training that prepares them for immediate employment and preparing workers for opportunities within just six months.

President Marcos said the signing of the EBET Framework Act into law would lay a stronger foundation for a workforce that is agile, skilled and ready to meet the demands of a rapidly evolving world. 

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