September 27, 2023 –  The National Economic and Development Authority (NEDA) welcomes the passage of the Trabaho Para sa Bayan Act, signed by President Ferdinand R. Marcos Jr. on September 27, 2023.

To effectively implement the policies outlined in this Act, the Trabaho Para sa Bayan (TPB) Plan seeks to address unemployment, underemployment, youth unemployment, the increasing precarity and informality of working arrangements, the reintegration of Overseas Filipino Workers, and other challenges in the labor market.

“We support the Trabaho Para sa Bayan Act as it contributes to the Philippine Development Plan 2023-2028, which aims to increase employability, expand access to employment opportunities, and achieve shared labor market governance,” stated NEDA Secretary Arsenio M. Balisacan.

This comprehensive plan will also focus on improving the employability and competitiveness of Filipino workers through upskilling and reskilling initiatives. It will also provide support for micro, small, and medium enterprises and industry stakeholders.

The TPB Inter-Agency Council (IAC), chaired by the NEDA Secretary, will conduct a comprehensive analysis of the employment situation and labor market in the country. The Council will also ensure the effective use of resources, harmonizing and complementing all governmental efforts.

The TPB-IAC will also assist local government units in planning, devising, and implementing employment generation and recovery plans and programs within their respective localities, ensuring they are aligned with the TBP Plan.

“With the passage of the TPB, this will facilitate stronger coordination and partnership among relevant agencies and stakeholders for the efficient implementation of employment programs,” Balisacan added.

The TPB Plan shall serve as the State’s master plan for employment generation and recovery, aiming to achieve short-term goals and a long-term vision of a matatag, maginhawa, at panatag na buhay para sa bawat Pilipino.

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