00:00President Ferdinand R. Marcos Jr. strengthened the law that will help the Filipino workers have a quality job and be globally competitive.
00:12It is also expected to solve the problem of the mismatch job in the country.
00:17BN Manalo of PTV, in Balitang Pambansa, live.
00:23You are right, Alan. The Enterprise-Based Education and Training or EBET Framework was passed.
00:30This is after President Ferdinand R. Marcos Jr. passed the so-called resolution today.
00:38The Enterprise-Based Education and Training or EBET Framework is a proof that dedication and contribution of various sectors
00:46to strengthen the Technical Vocational Education and Enterprise-Based Training programs.
00:51It aims to solve the job skills mismatch, reduce unemployment and underemployment,
00:57and ensure that all Filipino workers are globally competitive and ready for any changes in the labor market.
01:04This legislative milestone is based on the advocacy of the government to strengthen,
01:11improve, and unify the various ways of Enterprise-Based Training under one framework.
01:17Meanwhile, the President approved the positive results of the Labor Force Survey of the Philippine Statistics Authority.
01:24According to the PSA, the employment rate rose to 96.3% in September from 95.5% in the same month last year.
01:35While the unemployment rate dropped to 3.7% from 4.5% compared to last year.
01:42Through this Act, we will harness private sector partnerships to align our training programs with real-world industry needs.
01:53Through the EBET Framework Act, the government and private sectors will be stronger in providing training to our workers
02:03who are able to meet the needs of the world and create a brighter and better future for all Filipinos.
02:15Thank you very much, Bien Manalo.
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