President Ferdinand “Bongbong” Marcos Jr. has given the green light to a fresh Labor and Employment Plan (LEP) for the years 2023 to 2028, aiming to tackle the issues of unemployment and underemployment within the nation.

On Tuesday, Labor Secretary Bienvenido Laguesma announced that this initiative aims to ensure that the skills of Filipino workers remain current and in line with the evolving demands of various industries and the changing landscape. This endeavor also seeks to enhance the employability of the workforce.

Laguesma shared with Malacañang reporters that this plan will run in tandem with the budget process and is scheduled to coincide with a national tripartite conference featuring an employment summit, potentially taking place in September.

The LEP comprises strategies for the enhancement of worker skills, with a specific emphasis on elevating the competence of educators and modernizing training institutions. Additionally, it includes a comprehensive social protection program designed for the welfare of workers.

In harmony with the objectives of the Marcos administration’s Philippine Development Plan (PDP), the LEP will also serve as a framework for review, aimed at addressing worker benefits and compensation.

The LEP is also envisioned to foster increased collaboration among various government agencies, offering high-quality training programs to enrich employee skills and knowledge. (AI/MNM)