P700-M SPES fund to benefit 160-k youth

About 164,000 millenials are set to benefit from the Special Program for Employment of Students (SPES) with the Department of Labor and Employment’s P709 million fund for the youth employment program implementation this year. Labor Secretary Silvestre H. Bello III said the budget, which is intended for the salary of SPES beneficiaries, will enable them to continue their education in any secondary, tertiary, or technical-vocational institution.

Based on a Bureau of Local Employment (BLE) report, Bello said the National Capital Region (NCR) was allotted with the highest budget amounting to P106,192,000 intended for 16,860 beneficiaries.

In Luzon, Cordillera Administrative Region (CAR) was allotted with P29,774,000 for 8,050 beneficiaries; Ilocos Region (Region 1), with P15,215,000 for 4,180 beneficiaries; Cagayan Valley Region (Region 2), with P41,173,000 for 10,590 beneficiaries; Central Luzon Region (Region 3), with P83,241,000 for 17,690 beneficiaries; CALABARZON (Region 4A), with P54,269,000 for 11,120 beneficiaries; MIMAROPA (Region 4B), with P22,412,000 for 6,060 beneficiaries; and Bicol Region (Region 5), with P22,028,000 for 6,390 beneficiaries.

Meanwhile, in Western Visayas (Region 6) the SPES budget is pegged at P37,128,000 which will benefit 8,870 beneficiaries; while Central Visayas (Region 7) had an allocation of P72,756,000 for 16,010 beneficiaries; and Eastern Visayas (Region 8) has P24,320,000 budget for 7,130 beneficiaries.

In Mindanao, the allocation and target beneficiaries are as follows: Zamboanga Peninsula (Region 9)-P47,937,000 for 12,490 beneficiaries; Northern Mindanao (Region 10)-P35,281,000 for 8,570 beneficiaries; Davao Region (Region 11)-P35,172,000 for 8,010 beneficiaries; SOCCSKSARGEN (Region 12)-P55,045,000 for 14,390 beneficiaries; and CARAGA (Region 13) P26,835,000 for 7,380 beneficiaries.

SPES is one of DOLE’s employment-bridging programs aimed at providing youth beneficiaries age 15 to 30 years old with short-term job opportunities during summer and/or Christmas vacation or any time of the year.

The program targets poor but deserving students; out-of-school youth; and dependents, whether student or out-of-school youth, of displaced or would-be displaced workers due to business closures, work stoppages, or natural calamities.

SPES beneficiaries may be employed from 20 to 78 days and may be assigned as service crew, student assistant, clerk, office/administrative assistant, support staff, bookkeeper, or plant nursery helper/assistant.

Last month, Bello signed the implementing rules and regulations of Republic Act No. 10917 or the amended SPES law to streamline and effectively implement the program.

Source: Department Of Labor and Employment Republic of Philippines

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