NextGen Day

As more foreign investors choose to locate their businesses in the Philippines, the Department of Labor and Employment (DOLE) is stepping up efforts to guarantee that the nation has a pool of highly qualified and educated workers.

Labor Secretary Bienvenido Laguesma revealed that the DOLE is giving employees opportunities to learn new skills in order to address the issue of the country’s skills-job mismatch in a Bagong Pilipinas episode that aired on Saturday.

“We should have an effective labor information system, we will compare that with the different regions so that we can also help those who are looking for an ideal place to invest in,” Laguesma said. “Ikukumpara natin ‘yan sa iba-ibang mga rehiyon kung nasaan ‘yung mga available nang sa gayon ay makatulong tayo din.”

In order for workers to upskill, he claimed, it must be industry-led as well as driven by demand and the market.

Apart from that, we also need to strengthen our digitalization system of available jobs so that our employees have the option to choose where they want to work and what type of work, he added.

Together with worker upskilling, Laguesma suggested addressing the issue of mismatched jobs.

He suggested that this may be resolved by holding a job fair and putting the department’s focus on understanding each industry’s needs in order to properly answer them.

improved and reliable energy supply

The Department of Energy (DOE) is enhancing access to a cheap and reliable energy supply in anticipation of the anticipated influx of foreign investors in order to support manufacturing sectors that generate employment.

The DOE is sticking to its aim of a 35 percent share of renewable energy (RE) in the power generation mix by 2030 and a 50 percent share by 2040, according to Energy Undersecretary Felix William Fuentebella.

He said that the switch to renewable energy was necessary since power plants are burdened by high fuel prices.

Similarly, Fuentebella voiced confidence that the nation’s offshore potential is “extremely excellent” and capable of meeting its future energy needs.

He stated that the diversification of energy sourcing is currently a part of the government’s initiative to cut electricity rates.

The public, he claimed, is also being educated by the government on energy efficiency and conservation.

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