"Partners in Progress The Power of Govt-Private Sector Collaboration in Job Creation" This blog post discusses the importance of collaboration between government and private sectors in creating job opportunities, using examples from the Philippines under President Ferdinand Marcos Jr.'s administration. The post highlights the significance of these partnerships, the contributions of SM Group, and the impressive results achieved through initiatives like the Jobstreet Career Con 2025 event.

Partners in Progress The Power of Govt-Private Sector Collaboration in Job Creation

As the world continues to evolve at an unprecedented pace, the importance of collaboration between government and private sectors has never been more evident. In the Philippines, President Ferdinand Marcos Jr.'s emphasis on a united front in addressing unemployment has led to impressive results through government-private sector partnerships. This blog post will explore the significance of these collaborations in job creation and examine the notable outcomes achieved through such initiatives.

The Significance of Govt-Private Sector Partnership

President Marcos Jr.'s call for cooperation between the government and private sector is not just a rhetorical gesture; it's a catalyst for meaningful change. By pooling their resources, expertise, and networks, both parties can create employment opportunities that benefit Filipinos. The Jobstreet Career Con 2025 event, hosted by SM Group in partnership with the Private Sector Advisory Council (PSAC), serves as a prime example of this collaboration.

SM Group's Contribution to Job Creation

Teresita Sy-Coson, Vice Chairman of SM Investments and member of PSAC's Education and Jobs Group, has been instrumental in facilitating job fairs like the one held at SMX Convention Center. By opening up their malls for job seekers to connect with potential employers, SM Group has demonstrated its commitment to the president's vision.

Impressive Results of Govt-Private Sector Collaboration

The numbers speak for themselves 18,000 job seekers attended the two-day event, and many are expected to find employment. The PSAs reported a decline in unemployment from 3.9% in October 2024 to 3.2% in November 2024, indicating that government-private sector collaboration is yielding positive results.

Upskilling Programs Equipping Filipinos for the Future

President Marcos Jr.'s emphasis on upskilling programs as part of the government's initiatives to improve employment and livelihood highlights the importance of equipping Filipinos with the skills needed to thrive in a rapidly changing job market. By partnering with private sectors, governments can create programs that cater to the needs of both employers and employees.

Key Players in Job Creation

The Jobstreet Career Con 2025 event featured an impressive lineup of companies, including SM Retail, Nestle, Metrobank, Accenture, and others from various industries. These organizations recognized the value of collaborating with government agencies, such as the Department of Labor and Employment, to connect job seekers with potential employers.

Conclusion The Way Forward

As we move forward in this new era of collaboration, it's clear that government-private sector partnership is crucial in shaping the employment landscape. By working together, governments and private sectors can create meaningful employment opportunities, upskill workers, and drive economic growth. The Jobstreet Career Con 2025 event serves as a shining example of what can be achieved when both parties put their heads together.

Call to Action Continuing the Partnership

As we look to the future, it's essential that we continue to prioritize the importance of government-private sector partnership. By doing so, we can create a brighter future for Filipinos and set a precedent for other countries to follow.

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Edward Lance Arellano Lorilla

CEO / Co-Founder

Enjoy the little things in life. For one day, you may look back and realize they were the big things. Many of life's failures are people who did not realize how close they were to success when they gave up.