President Ferdinand Marcos Jr. welcomed a proposal to create a Private Sector Jobs and Skills Corp. (PSJSC) to upgrade the skills of the Filipino workforce, address jobs and skills mismatch and generate more jobs.
Following the meeting with the Private Sector Advisory Council-Job Sector Group (PSAC-JSG) on Thursday, the President underscored the need for cooperation between the government and the private sector to generate employment.
The PSJSC is a proposal of the PSAC-JSG that aims to serve as a private sector-led coordinating partnership between the government, industry and the academe to address the jobs and skills mismatch in the country.
“If it’s private sector-led, then the data gathering function will actually be almost automatic because it’s the private sector that will say ‘these are the things we need,’” the President said during the meeting with business leaders.
The President directed the Department of Labor and Employment (DOLE), the Department of Education (DepEd), the Commission on Higher Education (CHED), and the Technical Education and Skills Development Authority (TESDA) to coordinate with the PSAC-JSG to set the system on how to increase collaboration to reduce the jobs and skills mismatch problem in the priority sectors.
