5 priorities for job creation pushed

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The Private Sector Advisory Council (PSAC) has identified five priorities aimed at helping the Marcos administration firm up concrete plans to create more jobs and attract more investors.

PSAC convenor and Aboitiz Group president Sabin Aboitiz disclosed the five priority recommendations that the Council has endorsed to President Marcos to create more jobs: scale up micro, small and medium enterprises (MSMEs), identify labor-intensive, high-potential industry segments, attract more investors by making it easier to do business, make labor regulation more flexible, and build skills for short-term productivity and long-term competitiveness.

These were presented by the Jobs Group of PSAC to the President in Malacañang on August 17.

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Labor Secretary BienvenidoLaguesma also joined the meeting and provided his full support for the tpriorities recommended by PSAC.

The meeting was organized to co-create solutions to generate more jobs, upskill more owners of MSMEs, and enable more Filipinos to participate in a digital economy.

The Council will again be meeting with Marcos in the coming weeks to lay out a roadmap that will help the Build, Build, Build and Tourism sectoral groups secure quick and substantial wins in the first 100 days of the administration.

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