Employment Opportunities for Filipino Graduates

The Aquino administration is pursuing education reforms along with improving the economy to create more employment opportunities for Filipino graduates, Executive Secretary Paquito N. Ochoa Jr. said on Friday.

In a speech during the commencement exercises of the Quezon City Polytechnic University (QCPU), Ochoa said creating a better business climate and implementing reforms in education are among the key priorities of President Benigno S. Aquino III to equip and empower the youth in dealing with the demands of the future.

One of the reforms, Ochoa said, is the K+12 (Kindergarten plus 12 years) basic education, the flagship education program of the administration launched by the President last Tuesday, which aims to improve the quality of education in the country and make high school graduates more employable.

“Under the leadership of President Aquino, the government is doing all it can to help the youth become better prepared to face the challenges of tomorrow,” the Executive Secretary noted.

Adding two years to the country’s basic education will “increase capabilities among students who opt to work after graduating from high school,” he said.

Ochoa also told QCPU graduates that aside from the education reforms, the government is pursuing steps to improve the economy to boost opportunities and jobs for students when they graduate.

Such initiatives are producing positive results for the economy, Ochoa said, and one of which is in the stock market which produced another record high on Wednesday.

He also told the graduates that in 2011, approved foreign direct investment grew by 30.6 percent to P256.1 billion — the highest recorded level in 16 years.

The electronics industry, which is one of the country’s major exporters, was able to hire more workers last year, with employment climbing 6 percent to 530,000 in 2011 from the previous year.

Overall, Ochoa said, the Department of Labor and Employment (DoLE) reported a total of 1.1 million new jobs created last year.

“Recent developments show that the government is making progress in improving the investment and business climate so that we can draw in more investors and produce more jobs,” Ochoa stressed.

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