8 of 10 new jobs are just part-time: PH struggles to create quality work as economy reopens

April 7, 2022

Latest labor force data show that the economy, despite reopening, is struggling to generate sufficient work. Additional jobs created are also mostly temporary, insecure and informal.

10 things about the economy that the Duterte administration should admit

April 4, 2022

At its economic briefing, the Duterte government will likely hype growth, claim successful COVID response and play up so-called reforms. All this seeks to distract from how social and economic development has been set back by the administration even before the pandemic.

IBON submits report on state of Philippine economy to United Nations

April 4, 2022

NEWS

The poorest 70-80% of Filipinos are denied their right to development while government economic policies continue to bolster the wealth of super-rich oligarchs and the profits of large corporations

Wage increase needed to avert only real wage decline in 36 years

April 1, 2022

If the Duterte administration does not give a large wage hike, it will finish its term with the only decline in real wages among all post-Marcos administrations over the past 36 years.

In solidarity with the farmers of San Jose Del Monte, Bulacan

March 25, 2022

The land sustains their lives, therefore it is just to fight for it. They struggle not only for themselves but also for our sake. No one can deny the fact that farmers are essential to our lives. They have long been taking good care of us by providing our food — now it is time to do our part in upholding and protecting them.

Oil price rollback not enough for Filipinos to recover income losses

March 23, 2022

NEWS

The Duterte administration’s belated move to raise cash aid to Php500 per month does little to help millions of poor and vulnerable Filipino households recover lost incomes and cope with rising prices.

Jobs crisis worsened by fuel price hikes and measly ayuda

March 18, 2022

NEWS

The huge drop in the number of labor force participants and employed persons from December 2021 to January 2022 is concerning and underscores the country’s precarious jobs situation.

Gov’t, not pandemic, caused record deficits and debt – IBON

March 5, 2022

Had the Php5.3 trillion gross borrowings in 2020 and 2021 been spent on ayuda and producer subsidies, and less on infrastructure and debt servicing, economic rebound would have been bigger, revenues would have recovered faster, and there would have been less need for borrowing.

Record debt not due to COVID-19 response

March 5, 2022

The Duterte administration did not change its priorities despite urgent pandemic needs and, if anything, only used COVID-19 response to cover up massive borrowings for continued debt servicing and infrastructure.