In keeping with the agenda to address youth unemployment, the labor department has partnered with the Philippine Business for Education (PBEd) to enhance the employability of the Filipino youth who are 'not in education, employment, or training,' or NEET.
“Our human capital is the key driver in promoting inclusive growth and sustainable economic development in the country, hence, developing work-based training programs for the Filipino youth is vital to prepare them for the world of work,” said Labor Secretary Silvestre Bello III.
With funding support from the United States Agency for International Development (USAID), PBEd will implement Youth Works PH, a five-year nationwide initiative that aims to make education and training more responsive to the needs of the economy by engaging the industry, academe, government, and other stakeholders.
PBEd is a non-profit organization that engages in industry, academe, and government partnership to equip graduates with competencies needed to succeed in the global economy and for greater industry investment in standard setting, training, and labor market intelligence.
The project will provide the youth beneficiaries with work-based training positions, which will be complemented by classroom-based skills training and competency certifications, as well as life skills training.
Bello said that ‘the partnership with PBEd will further help the Department in realizing its goal to attain and sustain a competitive workforce that will complement the demands of the labor market.’
Through the collaboration, DOLE will endorse suitable beneficiaries and link them to employment opportunities with partner companies, through the support of the Public Employment Service Offices.
DOLE and PBEd will also work closely together to identify key training and employment needs, formulate responsive work-based training models, pilot localized labor market intelligence systems, and conduct training on job projections and competency-based hiring for partner companies.
Launched in June 2018, the project will target youth beneficiaries in key cities nationwide and will focus on key employment generators and/or emerging industries such as agriculture, banking and finance, construction, hospitality and tourism, energy, and manufacturing.