IBON Foundation
Jobs created mostly poor and quality work
May 15, 2023
The overwhelming number of “jobs created” are merely self-employment and informal work, and domestic work — accounting for 4.3 million or 71.3% of net employment
Economic slowdown stresses urgency of boosting household purchasing power with wage hikes, ayuda– IBON
May 14, 2023
The continuing deceleration in household spending from low incomes and high prices is among the biggest factors in the slowdown, and is among issues that the administration can immediately address
US military spending largest in the world
May 10, 2023
US military spending is larger than of the next ten countries combined — China, Russia, India, Saudia Arabia, United Kingdom, Germany, France, South Korea, Japan, and Ukraine. The military spending of just these 11 countries in turn is more than by the remaining 180 or so other countries in the rest of the world combined.
Minimum wage vs family living wage per region as of April 2023
May 9, 2023
The decline in headline inflation for April did little to close the gap between the minimum wage and the family living wage, especially across regions.
NCR family living wage as of April 2023
May 9, 2023
Despite declining in April, the 6.6% headline inflation continues to eat away the unchanged minimum wage. Short-term solutions like removing consumption taxes and mandating wage hikes are urgently needed.
Filipino workers productivity increasing but real wages falling — IBON
May 8, 2023
The gains from growing productivity are not going to workers as higher wages but to the profits of corporations and the wealth of the super-rich. Giving workers their fair share through decent wages will uplift their lives and also spur economic progress.
US overseas military footprint
May 7, 2023
The United States has bilateral military agreements with 179 countries, 742 military bases in 82 countries and territories, and 171,736 active military personnel deployed in 177 countries and territories, aside from the 1.2 million stationed in the US itself.
PH inflation highest in Southeast Asia
May 7, 2023
Philippine inflation is still among the worst in Southeast Asia despite easing in April. Inflation in the country will remain high unless the Marcos administration takes decisive steps to temper it.
PH inflation among the highest in Southeast Asia—IBON
May 7, 2023
The Philippine inflation rate has further eased in April after the 14-year high of 8.7% in January, but it will likely remain high and volatile because the government has not taken decisive steps to lower prices.
