This study expounds on the role of social actors (i.e., government, workers, employers, NGOs) in the process of social adjustment amid globalization. Although having long-term economic advantages, globalization still has its birth pains, especially during the process of social adjustment whose blows may be too debilitating for certain sectors, most especially for workers.

This paper aims to analyze the extent of involvement of government, labor, and employer sectors and NGOs in economic and social development. Specifically, it seeks to determine how well the social actors have dealt with the impact of globalization. In this light, this paper also desires to recommend policy and program actions to further help them in their active participation in social adjustment.

Based on an extensive study of documents from different forums, official statistics, and interviews and analysis, the paper suggests ways of cushioning the blows of social adjustment, such as strengthening employment facilitation services to reach needy sectors; creating effective labor market information system for the utilization of skills and jobs; providing employment insurance that can give social assistance especially during contingencies such as unemployment, retraining and enterprise restructuring; and fostering cooperation between workers and employers for a  more participatory approach wherein the worker’s voice is considered in deciding the firm’s future .

The study stresses that social adjustment is a mechanism for development. The process may be particularly hard under the globalization era but the continuous collective effort of social actors can effectively strike a balance between the competing economic and social objectives of globalization.