Headline
Job-losing growth in first quarter 2024 is cause for alarm not optimism – IBON
May 10, 2024
The difficulty in creating enough decent and sustainable work which leaves millions of Filipinos to survive off of meager incomes certainly cannot in any way be a source of “optimism and pride,” as the National Economic and Development Authority (NEDA) put it when the growth figures were released
IBON welcomes UN Special Rapporteur Irene Khan’s findings of PH restrictions on freedom of opinion, expression
February 2, 2024
The UN special rapporteur was clearly able to see through the staged and sanitized government narrative meant to hide how violations under the previous Duterte government are continuing under the Marcos Jr administration. The current administration adopts a human rights-friendly posture but Ms. Khan reminded how the Philippines is still the 8th worst in the world in terms of impunity.
Three straight quarters slowdown confirms economic decline
August 11, 2023
Growth slowing for three straight quarters confirms economic decline under the Marcos Jr administration. The economic rebound and momentarily fast growth from reopening, which was measured from the worst economic contraction in the country’s history, is over. The economy has returned to its trajectory of slowing growth that started even before the excessive pandemic lock […]
Latest growth figures confirm economy in decline under Marcos Jr
August 10, 2023
The economic managers have lost their last indicator for claiming good economic performance and the economy is clearly losing momentum.
Most jobs being created in the lowest paying sectors – IBON
August 9, 2023
The economy is still struggling to create decent work, pay and earnings
Inflation slowed but higher prices burden consumers further
August 7, 2023
The cost of basic goods such as rice, vegetables, fish and oil continues to rise and burden millions of poor consumers
Minimum wages today worth less than 34 years ago, even Php164 wage hike not enough–IBON
May 26, 2023
After 34 years the real value of the minimum wage has fallen 28% on average across all regions nationwide. This strengthens the argument for reverting to a nationally mandated wage hike.
The G7 summit: Will Hiroshima deliver the economic interests behind militarism?
May 19, 2023
FEATURES
What the G7 wants and the manner it exacts these are untenable and are only bound to hurt the majority of the world’s populations.
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