IMO Release 1153
PGMA cancels P30-M Independence Day fete to hold instead biggest job fair in Luneta
President Gloria Macapagal-Arroyo said last night that government would forego this year’s P30-million Independence Day celebration and instead hold mega jobs fairs nationwide starting this summer to help the unemployed particularly the workers displaced by the global financial crisis.
In her speech in the first-ever Asian Development Bank (ADB) Reception on Friday night at the ADB headquarters in Mandaluyong City, the President said the biggest and widest jobs fair would be held in Luneta and other parts of the country during the Independence Day celebration on June 12.
Among those present during the reception were ADB president Haruhiko Kuroda and his spouse, Mrs. Kumiko Kuroda; ADB vice president C. Lawrence Greenwood Jr., ADB executive director Marita Jimenez, Finance Secretary Margarito Teves, other government officials and members of the diplomatic
corps.
“This Independence Day, we will save the diplomatic corps including (ADB)
president Kuroda of the need to go to Luneta to watch a P30-million parade because, instead, we will hold a mega-jobs fair so that the 46,000 workers in the export sector displaced by the global crisis can be matched to the jobs that are certainly still available,” the President said.
To mitigate the effects of the global financial crisis, the President has
directed the conduct of jobs fairs and pushed for incentives for workers displaced in the electronics sector, which is the hardest hit by the global financial crisis.
Included in the massive jobs matching, is the month-long jobs fair being arranged by the Department of Labor and Employment (DOLE) and trade unions
to commemorate Labor Day starting on May 1.
The DOLE estimated that over 100,000 local and overseas jobs will be up for grabs during the month-long nationwide jobs fair.
And because summer means graduation time, the President added: “We must also work hard to provide job and training opportunities for our young graduates.”
The President said she was also happy to hear that Indophil is hiring
additional workers instead of laying them off as a result of the global
crisis.
Indo Phil Group of Companies is part of the Indian multinational, The
Aditya Birla Group, a $24-billion conglomerate operating in 21 countries, which established operations in the Philippines since 1975 producing yarns and other textile materials.
With Indophil incurring losses since last year, the government immediately responded by providing them the package of fiscal and non-fiscal incentives to help the company sustain their operations here and ensure the continued employment of its almost 2,000 workers.
“I was happy to hear for Indophil that rather than laying off workers,
they’re looking for additional workers, so certainly jobs are still available,” the President said.
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