The Department of Labor and Employment (DOLE) and Department of Trade and Industry (DTI), under the respective stewardships of Secretary Silvestre H. Bello III and Secretary Ramon M. Lopez, led the signing of the 2017-2022 Blueprint for Decent Employment and Entrepreneurship in the co-hosted Trabaho, Negosyo, at Kabuhayan Employment and Livelihood Summit held on 1-2 December 2016 at the SMX Convention Center Taguig, Bonifacio Global City (BGC).
The blueprint commits to realize the “AmBisyon Natin 2040,” a collective long-term vision reflecting the aspirations of the Filipino people for themselves and for the country in the next 25 years. It describes the kind of life that people want to live, and how the country will be by 2040: “Matatag, Maginhawa at Panatag na Buhay”. By 2040, every Filipino will enjoy a strongly rooted, comfortable, and secure life.
Under the document, various employment and livelihood plans shall be held in consonance with the United Nation’s (UN) 2030 Agenda for Sustainable Development, particularly, Goal 8: Decent Work and Economic Growth and Goal 9: Build Resilient Infrastructure, Promote Inclusive and Sustainable Industrialization and Foster Innovation.
A 10-point strategic plan is included in the blueprint: 1) increase local and foreign investments in the industry sector particularly manufacturing and construction; 2) invest in human capital development; 3) sustain the growth of and investments in the services sector, specifically, IT-BPM, tourism, wholesale and retail trade; 4) further enhance the country's competitiveness; and 5) implement the Comprehensive National Industrial Strategy (CNIS).
Also in the list are the following: 6) promote and develop the agribusiness sector, 7) transform the philippines into a strong, productive, innovative, and competitive exporting nation; 8) spur an entrepreneurial revolution and encourage the formalization and growth of MSMEs; 9) foster the convergence of the different livelihood and entrepreneurship programs among government agencies; and 10) adopt a localized approach to employment generation.
Headlined by the convergence are priorities on decent job creation, entrepreneurship, creativity and innovation, formalization and growth of micro, small, and medium-sized enterprises, and reduction of youth not in employment, education and training (NEET), raising industry's share in employment and gross domestic product (GDP).
Targeted is the creation of 7.5 million jobs, mainly in key employment generating Sectors (KEGS) such as manufacturing including agri-fishery processing, construction, tourism, IT-BPM, transportation and logistics, and retail trade, translating to a lesser 5% unemployment rate by 2022.
The summit was a convergence among government agencies, academe, private sector, and non-government organizations (NGO) where key stakeholders committed to work in close partnership to increase Filipino incomes by creating more decent jobs and promoting entrepreneurship. The Construction Industry Authority of the Philippines (CIAP), Philippine Retailers Association (PRA), and IT and Business Process Association of the Philippines (IBPAP), as industry groups of KEGs, were also signatories of the blueprint.