Minimum wage vs family living wage per region as of February 2023
March 10, 2023
Inflation in areas outside NCR has gone down slightly to 8.5% in February. Yet, with minimum wages unchanged, the gap with the family living wage is still widening across the regions — with the worst shortfall in BARMM where the minimum wage is just 17.5% of the family living wage.
“Wage hikes are harmful”: Kung ayaw maraming dahilan
March 6, 2023
It’s perplexing for the economic team to speak about workers and their wages as if they are a burden to the economy. It’s people who most of all create value in the economy and for whom the economy is for.
Minimum wage vs family living wage per region as of January 2023
February 7, 2023
The January 2023 8.7% inflation continues to widen the gap between the minimum wage and the family living wage. The minimum wage is highest in the NCR but the Php570 here has fallen to only 49.1% of the NCR family living wage of Php1,161. BARMM has the lowest minimum wage at Php341 and this is […]
Worsening inflation makes admin ayuda cuts even more unconscionable – IBON
February 7, 2023
With inflation continuing to rise to 8.7% in January 2023 to its highest in over 14 years, it is unconscionable for the Marcos Jr administration to keep slashing cash assistance to struggling Filipinos in urgent need of relief.
Will World Economic Forum folks believe Bongbong?
January 16, 2023
The administration’s trip is a self-serving junket at the people’s expense. If Marcos Jr speaks about so-called economic gains, he will be speaking untruths.
Govt gives low priority to supporting the purchasing power of Filipinos–IBON
January 5, 2023
December inflation has pushed the family living wage (FLW) for a family of five to an average of Php1,146 nationwide. The average daily nominal wage of Php404 nationwide is just one-third (35.3%) of the nationwide FLW. In the National Capital Region (NCR), the FLW for a family of five rose to Php1,145. The daily nominal wage in NCR is however not even half (49.8%) this.
The Family Living Wage as of November 2022
December 6, 2022
Soaring inflation can be tempered—IBON
November 4, 2022
The people may find little relief and may be worse off should the Marcos Jr administration stick to its weak response of hiking interest rates and limiting subsidies to address high inflation.
It’s an emergency: Help millions of Filipinos in crisis now
November 2, 2022
The government’s spending priorities need to be fixed. Social protection needs to be expanded to help families and sectors in need. It is also never too early to start taking steps to develop the national economy and make Filipinos less vulnerable to external economic shocks.