September 8, 2023
Research group IBON said that the 2.8-million collapse in the number of employed persons but small decline in unemployed confirms that many Filipinos have dropped out of the labor force. This is due to the lack of jobs – even work that is self-employed and informal. The group said that this huge increase in discouraged […]
May 15, 2023
The overwhelming number of “jobs created” are merely self-employment and informal work, and domestic work — accounting for 4.3 million or 71.3% of net employment
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
April 26, 2023
Higher inflation is eroding the nominal wage, but due to infrequent and meager wage increases, the real value of this has even declined. In the NCR, the real wage as of March 2023 is the lowest in 12 years and lower than 34 years ago.
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.