News
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.
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
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.
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.
PH minimum wages are family poverty wages – IBON
April 28, 2023
Filipino workers and their families are barely surviving on the minimum wage because this is even less than the official poverty threshold for a family of five.
Growing clamor for wage hike echoes urgency, justness and doability — IBON
March 31, 2023
Recently proposed legislation and petitions for a wage hike affirm that this is urgent, just and doable. Amid the poor jobs situation, low incomes and high prices, the minimum wage has not been enough for many Filipino families to live decently.
Cha-cha of economic provisions a smokescreen for political agenda – IBON
March 14, 2023
Rewriting the Charter’s supposedly restrictive economic provisions is just a smokescreen for the self-serving political agenda of the Marcos family and of legislators. Changing the economic provisions will not develop the economy.
1.8-million loss in full-time jobs dispels gov’t claim of recovery, robust jobs market – IBON
March 10, 2023
The jobs crisis is worsening despite the economy reopening. Sugarcoating only hides the problem and prevents urgent action to help millions of Filipinos struggling to make ends meet.
IBON on the 37th anniversary of the EDSA uprising
February 24, 2023
EDSA 1986 was a people’s uprising to oust the dictator Marcos for his immense political and economic sins. The Philippines was made the better and democracy struggles stronger for this.
