IBON Foundation
295,000 jobs lost since Duterte assumed office, IBON maintains
September 13, 2018
Research group IBON stood by its estimates that close to 300,000 jobs were lost since the start of the Duterte administration, that has been downplaying the fact. The group stressed this after Employers’ Confederation of the Philippines (ECOP) honorary chair Sergio Ortiz-Luis said that IBON’s description of jobs lost is “deceiving”. Ortiz-Luis reportedly said that […]
300k jobs lost under Duterte
September 12, 2018
Job creation in the rest of the economy was not enough to compensate for the huge job losses especially in agriculture. There were gross job losses of 2.2 million between July 2016 and July 2018 but only 1.9 million in gross job creation, hence the 295,000 drop in the number of employed. Read more: https://www.ibon.org/2018/09/jobs-crisis-getting-worse-under-duterte-govt-ibon/
Jobs crisis getting worse under Duterte gov’t – IBON
September 10, 2018
Research group IBON said that the jobs crisis in the country is getting more severe under the Duterte administration. The group said that the government should be more forthright and admit growing economic insecurity from inflation and joblessness rather than keep trying to downplay this. Millions of Filipinos are jobless, including those excluded from official […]
Infographic: PH Economy Duterteriorating
September 10, 2018
(From IBON Features “PH Economy Duterterioraing”–https://www.ibon.org/2018/08/ph-economy-duterteriorating/) Stay the course, the country’s economic managers always insist. They will be the last to admit bad economic news because eternal sunshine is part of their job. Their recent spontaneous reactions against federalism are however more revealing. They are losing control of the economy as it is and they […]
Gone in 6 months due to inflation
September 9, 2018
Due to inflation, the poorest six deciles of Filipino families with monthly incomes ranging from Php7,724 to Php21,119 have suffered income losses of around Php1,455 to Php3,781 from January to August this year. #UpholdPeopleEconomics #IBON40 Read more:https://www.ibon.org/…/government-losing-control-of-economy-ibon/ https://www.ibon.org/…/poorest-60m-filipinos-suffer-income-loss…/
IBON offers “Serve The People” book online
September 9, 2018
On its 40th year and amid the growing tumult of an unreformed political and economic system, IBON is glad to share online Serve the People, Ang Kasaysayan ng Radikal na Kilusan sa Unibersidad ng Pilipinas by the Congress of Teachers and Educators for Nationalism and Democracy (CONTEND) and Alliance of Concerned Teachers (ACT). – https://drive.google.com/file/d/1NXTd0ObBXidKgPYkbxPnGYEhbn9jYOwJ/view […]
6.4% inflation hits poorest Filipinos the most
September 8, 2018
Long-term solution is to strengthen domestic agriculture and Filipino industry to provide cheaper food, goods and services in the domestic market, lessen imports, and lower pressure on the peso to depreciate. Reverse the privatization or commercialization of water, power, education and health that make these services more expensive for profit. These steps the Duterte administration’s […]
Minimum Wage Insufficient
September 6, 2018
The National Capital Region (NCR) daily minimum wage with Php30 Cost of Living Allowance (COLA) totaling Php512 is not enough for a family of five members to be able to afford their basic needs. The minimum wage in the rest of the country’s regions is set at even lower levels.
Government losing control of economy –IBON
September 5, 2018
The Duterte administration is losing control over the Philippine economy and the poorest Filipinos are suffering for this, research group IBON said upon the release of the August inflation rate. The greatly accelerating inflation is only the latest in a series of bad economic news about the economy’s so-called fundamentals. The Philippine Statistics Authority […]
