President Benigno Aquino 3rd on Monday signed into law a bill seeking to help jobless Filipinos, especially in the rural areas.
The bill expanding and strengthening the Public Employment Service Office (PESO) Act of 1999 was signed during the 15th PESO Congress held at the Philippine International Convention Center in Pasay City.
In his speech, the President said the amended PESO law will minimize unemployment and underemployment.
He noted that the unemployment rate fell from 7.4 percent in 2010 when he assumed office to 6.6 percent in 2014.
“Umaasa nga ako na ngayong nadagdagan natin ang kakayahan ng mga LGU na tumugon sa unemployment, mas marami pa tayong kababayang maeempleo. Mas alam ng lokal na pamahalaan ang mga pagkakataon sa kanilang lugar, at mas madali nilang mailalapit ang ating mga Boss sa trabaho (I am hopeful that now that the capacity of local government units to address unemployment has been enhanced, more of our countrymen will find jobs. Local officials know where job opportunities can be found, and they can offer these jobs to our bosses),” he added.
Republic Act 8759 or the PESO Act of 1999 was enacted to create PESOs or multi-employment service facilities across strategic areas in the country.
There are PESOs in 75 provinces, 142 cities and 1,374 municipalities in the country.
The PESO law provides training activities, certification tests, career guidance, and job referral services.
The amendatory measure signed by Aquino seeks to create PESOs in all provinces, municipalities, cities and other strategic areas throughout the country.
Among its salient provisions are creation of permanent plantilla positions for PESO personnel and the improvement of labor market information and employment facilitation service through computerized systems of monitoring, coordination, and reporting.