Tag: household incomes

IBON: Wage hike needed as Filipino families’ incomes erode January-July due to inflation

August 31, 2018

A substantial increase in the minimum wage is necessary and doable as the country’s poorest households are losing income due to escalating inflation, said research group IBON, contrary to the recent claims of an employers’ group. IBON estimates that income losses of the poorest 60 million Filipinos ranged from Php1,276 to as much as Php3,489 […]