-Engages the stakeholders in a labor market signaling activity -Updates the labor market information of NMS (2006) and NHRC (2007) in aid of effective employment facilitation -Surfaces the labor market issues, and the corresponding recommendations to address the challenge of unemployment and talent mismatch PROJECT JOBSFIT

1.Identify the key employment drivers for the next ten years ( ) 2.Assess the availability of the present and projected in-demand skills 3.Identify gaps and recommend strategies to address the gaps OBJECTIVES

WG on Regional Stakeholders Consultation—BLE WG on Labor Mobility and Employability Enhancement System—TESDA WG on Consultation with Captains of Industry WG on Overseas Employment Labor Market Intelligence (LMI) System—ILAB WG on Overseas Employment Prospects— POEA Working Groups

Summary of Results Report on the Regional Consultations Consulting the Captains of Industry Availability of Skills Overseas Employment Prospects Summary of Issues and Recommendations Annexes (Regional Labor Market Assessment) Contents of report…

Industry Prospects Growth of Philippine economy will be driven by: 1.High-value, FDI-led agribusiness 2.Infrastructure (roads and highways, logistics, physical infrastructure projects) 3.Tourism (diving edge) 4.Medical Tourism 5.Retirement Estates (Subic, NCR, and cities of Tagaytay, Cebu, and Dumaguete)

Industry Prospects 6.BPOs (35% annual growth, $13 billion in revenues by end of 2010) 7.Investment in ICT 8.Real estate (BPOs investing in office space, growth in domestic and international tourism); 9.Shipbuilding (exports of ships to the US, Mexico, and Norway); and 10.Long term demand for OFWs

12 KEGs that have potential for absorbing the most number of the Philippine workforce 12 KEGs that have potential for absorbing the most number of the Philippine workforce

1.Agribusiness 2.Cyberservices 3.Health and Wellness 4.Hotel, Restaurant and Tourism 5.Mining 6.Construction Key Employment Generators

7.Banking and Finance 8.Manufacturing 9.Ownership Dwellings and Real Estate 10.Transport and Logistics 11.Wholesale and Retail Trade 12.Overseas Employment Key Employment Generators

Renewable Energy Power and Utilities Diversified Farming and Fishing Creative Industries Emerging Industries

There were about 108 identified hard-to-fill and in-demand occupations in the KEGs The data were cross-checked with the following reports: –results of the DOLE-led survey on Occupational Shortages and Surpluses (BLES) –Output of the Presidential Task Force on Education Hard-to-fill and In-demand Occupations

Hard-to-Fill Occupation Occupational TitleCompetency Standard Aqua-culturist Aquaculture Farm Caretaker Aquaculture Farm Aide Fish Nursery Worker Prawn Farm Cultivator Aquaculture NCII Agribusiness Excerpt from the main report…

Manpower stock shows that the 4 most popular degree programs are Nursing, Information Technology, Teacher Education, and Hotel and Restaurant Management On TVET, around 693,143 certified workers out of the total certified 885,647 workers from are into skills under the identified priority sectors Availability of Skills

Lack of experienced and highly skilled workers School curriculum not responsive to industry needs Poor dissemination of Labor Market Information (LMI) Issues/Gaps

Make OJT relevant to student’s field of work. (Review of apprenticeship and learnership policy) Strengthen industry-academe linkage to improve the employability of workers Establish government agency that is mandated to handle HRD concerns Recommendations

Refocus agricultural courses and review their standards Intensify career guidance and dissemination of labor market information on in-demand occupations, especially for high school students Improve language/English competency Recommendations

Establish/convene industry councils for regular labor market signaling activity Build a national qualification system that is aligned with the international standards Make the best talents stay in the country Recommendations

Recommendations Create employment opportunities for nurses to address oversupply Develop and strengthen emerging industries and harness OFW remittances for investments that create employment Re-assess and review the Labor Code, as well as existing work-related laws and policies

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