Romualdez cites benefits of EBET law enactment
SPEAKER Ferdinand Martin G. Romualdez has expressed gratitude to President Ferdinand Marcos Jr. for signing into law the EBET (Enterprise-based Education and Training) bill.
According to Romualdez, the enactment of the EBET bill will allow the government, with the collaboration of the private sector, to keep the number of jobless Filipinos down through various training and up-skilling programs.
Romualdez is among the House Members who witnessed the signing rites for the EBET Law at Malacanang Palace Thursday morning.
The signing of the law is timely following the report of the Philippine Statistics Authority that the unemployment rate fell to 3.7 percent in September from four percent in August and 4.5 percent in September 2023, he said.
“As I have always declared, as in inflation, the continuing challenge for us is to ensure that joblessness remains at the lowest level possible. The EBET Law will help us accomplish this task,” Speaker Romualdez said.
He added that the law would help resolve labor-related problems like job-skills mismatch and lack of competencies among workers.
Enterprises may set appropriate educational requirements for a trainee to qualify for a certain EBET program. They may also prescribe qualifications for their workers who apply for up-skilling for job promotion.
A trainee under a general EBET program shall receive a training allowance from the enterprise, which shall be enough to cover transportation costs, meals, and any other expenses that may be agreed upon between the enterprise and the trainee.
Training hours shall be determined by the enterprise, which shall not exceed eight hours per day.
A trainee under an apprenticeship program shall receive a training allowance not lower than 75 percent of the applicable minimum wage rate.
