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Tuesday, November 5, 2024

Villanueva says PBBM trips paying off in investments, jobs

Due to reports that American firms will hire at least 75,000 Filipino seafarers in the next 3 to 4 years, Senate Majority Leader Joel Villanueva lauded the efforts of President Ferdinand Marcos Jr. on finding employment opportunities for Filipinos in the President’s trips abroad.

“The President is indeed the best salesman of the country,” Villanueva said, adding that “we thank him for reaping investments and jobs for our people from his foreign trips.”

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President Marcos was also able to yield $ 1.5 billion in investment pledges and 6,700 jobs in the Philippines on his latest trip to the United States.

“This is a welcome development, especially in addressing the unemployment in the country, which is at 4.8% equivalent to 2.47 million, as of February 2023,” Villanueva said.

Villanueva also said that Mr. Marcos’ attendance at the coronation of King Charles III continues to put the Philippines in the conversation for investments and trade partnerships with other nations.

The government will continue to strengthen the economy and provide employment to the Filipinos.

At the same time, it would still embark on missions to look out into the world for opportunities that could bring stability and prosperity into the people’s lives,” he said.

Pushing for his Senate Bill No. 2035 that will establish the Trabaho Para sa Bayan (TPB) plan, the majority leader said the country needs to institutionalize more targeted policies to address the employment struggles of the people.

The measure aims to serve as the country’s long-term employment generation and recovery roadmap. The bill targets to provide the employment policy that is comprehensive, coherent, and future oriented, to be able to address the dynamic changes in the labor market.

It will address challenges such as job-skills mismatch and potential skills gap in emerging industries; access to active labor market policies; handling specific needs of sectors, and the like.

“As creating sustainable jobs for all Filipinos is our mission, we are more than ready to defend this bill on the Senate floor this week,” Villanueva said.

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