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Outlook and Policy Options for Philippine Employment towards 2040

Outlook and Policy Options for Philippine Employment towards 2040

Department of Economics Conference Room (LH 409, 4/F, Dr. Ricardo & Rosita Leong Hall)

25 Sep 2024 04:00 pm - 25 Sep 2024 05:00 pm

This paper, Outlook and Policy Options for Philippine Employment towards 2040, examines the trends and challenges in the Philippine labor market, which is marked by a large and diverse workforce but faces significant employment issues. It highlights the importance of addressing the effects of global technological changes in production, urging future administrations to develop policies that target strategic industries for sustainable transformation and job creation to meet the nation's 2040 goals. Using a computable general equilibrium (CGE) model, the paper simulates the country's economic structure from 2024 to 2040, linking with a microsimulation model to project labor market outcomes. The results show a potential increase in employment shares and value-added across sectors, with a rise in demand for both skilled and unskilled labor. The paper recommends multi-sectoral employment planning summits at the national and regional levels, in line with the Trabaho Act (RA 11961), to set short- and long-term sectoral targets.

The key speakers for this discussion are Joselito T. Sescon, MDE, MA and Dr. Philip Arnold P. Tuaño. Mr. Sescon holds a Master in Development Economics from the University of the Philippines and is an Assistant Professor at the Ateneo de Manila University, where he also co-heads the Community Welfare, Wellness, & Well-being (CW3) Laboratory. He is actively involved in various research and development projects. Dr. Tuaño, currently Dean of the Ateneo School of Government, has an extensive background in economics and development work, having earned his MA in Economics from the University of Sussex and his PhD from the University of the Philippines Diliman. He has held leadership roles in both academic and government institutions, including the National Anti-Poverty Commission and the Peace and Equity Foundation, and is involved in networks like the Human Development Network and the Sustainable Development Solutions Network, Philippine Chapter.

Please join us via Zoom! You may register HERE.

You may also join us onsite, register HERE, please take note of limited slots.

Please join us in this semester's seminar series events. Register in the links below to save the dates!

Registration Links for Onsite Attendance (Please take note of limited slots):

September 25, 2024: go.ateneo.edu/HRepAteneoLaborOnsite

October 9, 2024: go.ateneo.edu/HRepAteneoMonetaryOnsite

October 16, 2024: go.ateneo.edu/HRepAteneoDSGEOnsite

October 23, 2024: go.ateneo.edu/HRepAteneoPIFITAOnsite

November 13, 2024: go.ateneo.edu/HRepAteneoBnGOnsite

November 20, 2024: go.ateneo.edu/HRepAteneoPeaceOnsite

November 27, 2024: go.ateneo.edu/HRepAteneoGovtOnsite

December 4, 2024: go.ateneo.edu/HRepAteneoRnDOnsite