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CEBU. In this pre-pandemic photo, job seekers search for employment opportunities. (File)
+ February 23, 2021 A RECOMMENDATION to provide a 50-percent insurance subsidy for commercial hog raisers to encourage them to boost production is under study while a task force is set to be implement a strategy to address unemployment and stimulate the economy, Cabinet Secretary Karlo Nograles said on Tuesday, February 23, 2021.
These are among the measures lined up by the government to address economic woes caused by the coronavirus disease 2019 (Covid-19) pandemic.
Nograles said the insurance subsidy will be taken from the quick response fund of the Department of Agriculture (DA).
Cabinet Secretary Karlo Nograles (MANILA BULLETIN FILE PHOTO)
According to Cabinet Secretary Karlo Nograles, the new inter-agency task force will implement the 2021-2022 National Employment Recovery Strategy (NERS) to address access to jobs and livelihood programs, facilitate retraining of workers to cope with the present needs, among others. An executive order institutionalizing the NERS Task Force is already being drafted.
“Like the rest of the world, the country’s employment was hit hard by the pandemic. Unemployment peaked last April at 17.6 percent or 7.2 million,” Nograles said during a televised press briefing Tuesday, Feb. 23.
“While we were able to half that to 8.7 percent by October 2020, we recognize that a coherent national strategy can help create a policy environment that encourages generation of more employment and entrepreneurship opportunities; improve employability and productivity of workers; and provide support to existing and emerging businesses,” h
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CABINET Secretary Karlo Alexei B. Nograles said the task force seeks to “create a policy environment that encourages generation of more employment and entrepreneurship opportunities; improve employability and productivity of workers; and provide support to existing and emerging businesses.” BW FILE PHOTO
AN EXECUTIVE ORDER (EO) is being drafted to establish an inter-agency task force to address unemployment, a Palace official said.
In a televised briefing Tuesday, Cabinet Secretary Karlo Alexei B. Nograles said President Rodrigo R. Duterte is set to sign an EO creating a National Employment Recovery Strategy task force.
Mr. Duterte formed five task forces in 2020, one of which the Inter-Agency Task Force on Emerging Infectious Diseases has taken the lead in managing the pandemic.
(Mark Balmores, MB FILE)
Department of Labor and Employment (DOLE) Assistant Secretary Dominique Rubia Tutay said that with the country’s economy expected to recover in early 2023, the pre-pandemic state of local employment would most likely be regained within the same timeline.
“We are not seeing this na fully recovered na po tayo (that we are fully recovered) by this year, but I would say that it’s gonna be a better year than in 2020,” Tutay said during a televised briefing.
“Siguro po, hopefully we go back to our pre-pandemic stage, early 2023 hopefully po or sana next year. But not even probably next year. So we are looking at the three year period po for us to be able to go back to the pre-pandemic stage,” the official added.