Avatar photo

IBON Foundation

Purchasing power of NCR minimum wage still falls

May 18, 2022

Price increases cause insufficient wages to further erode

NCR minimum wage barely half of family living wage

May 18, 2022

NCR minimum wage increased but still falls short of living wage

8.3% in Q1-2022 the end of high GDP growth rates

May 12, 2022

While economic growth in the first quarter of 2022 is welcome, this is mainly driven by base effects and election-related spending. Growth is also weak and unsustainable considering the unfavorable jobs market. Things could be even worse depending on how the volatile global economy plays out. This will likely be the last relatively high growth reported, and the next administration will have to make do with weaker growth performance.

Million increase in underemployed: Economy still not creating enough decent work

May 6, 2022

NEWS

Government should not be complacent following the reported increase in employment, considering the spike in underemployment and in part-time work. Many Filipinos are still struggling to make ends meet and the economy is still weak despite reopening.

Duterte’s Borrowing Binge (as of March 2022)

May 6, 2022

The Duterte administration leaves behind the biggest debt burden on the FIlipino people since the Marcos dictatorship.

Inflation spikes, yet cash subsidies nowhere in sight

May 6, 2022

NEWS

The fastest consumer price increases in over three years makes cash aid ever more urgent. Yet the Duterte administration keeps reneging on its promised aid to families.

Inflation makes NCR family living wage rise to Php1,087

May 5, 2022

The NCR minimum wage is falling even further behind the FLW and a meaningful increase is more urgent than ever for genuinely inclusive recovery.

What can the next administration do to address the sorry state of Filipino workers?

May 1, 2022

What can the next administration do on the sorry state of Filipino workers? End ENDO, develop the countryside and build Filipino industries to generate sustainable jobs, and substantially raise wages.