Firms upbeat on jobs, worried about talent

By The Manila Times

May 02, 2023 12:25 am

PHILIPPINE companies are broadly optimistic about the impact of global trends and technology on job creation, a World Economic Forum (WEF) report showed, with sentiment in general more upbeat compared to the global average.

While also not concerned about talent development and retention of the existing workforce in the medium term, the firms are however worried about the availability of talent, the global 'The Future of Jobs Report 2023' also showed.

Job seekers line up during the Labor Day celebration of Marikina City government a project of Congresswoman Marjorie Ann Teodoro in partnership with the Department of labor and Employment (DOLE) open job fair held at Marikina City hall. Photos by John Orven Verdote

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