BAGUIO CITY – The consultation will provide the final inputs based on the Consultation of the Regional Jobsfit Labor Market Forecast 2025-2026 held last August 22, 2024 at The Chalet Hotel, Military Cut-Off, Baguio City.
The session will culminate with the sharing of inputs and the consultation proper of all the private and public sector shareholders.
The 2025-2026 Labor Market Forecast is part of the Department of Labor and Employment’s efforts to assess and address workforce demands and skills gaps across various industries in the region.
This initiative aligns with DOLE’s broader goals of reducing job-skills mismatches and improving employment outcomes. The consultation typically includes stakeholders from government, industry, and education sectors to align on emerging labor market trends, forecast demand in key sectors like IT-BPM, agriculture, healthcare, and construction, and develop strategic employment programs for the upcoming years.
The Labor Market Forecast is grounded on several legal frameworks that guide labor market policies in the Philippines. The primary law is the Labor Code of the Philippines (Presidential Decree No. 442), which outlines the rights and obligations of workers and employers.
Republic Act No. 875, or the Industrial Peace Act, also supports labor consultations to prevent job-skills mismatches. The consultation process also aligns with ILO Convention No. 122, which promotes policies for full, productive, and freely chosen employment. These frameworks help shape labor market forecasts and employment strategies in line with national and international standards.
The Final Consultation aims to provide a comprehensive labor market report that identifies trends, sectoral employment demands, and skills gaps. This forecast will help guide policy decisions, educational institutions, and training programs, by aligning them with industry needs.
It will benefit job seekers by offering insights into in-demand skills and occupations, enabling them to pursue relevant training. Employers and policymakers can also use this data to address labor shortages, develop workforce strategies, and improve economic opportunities in the region. By Daryll Ponard, with an initial report from LEO III Froilan Flores
