nominal minimum wage
Top 10 Billionaires’ wealth grows three times faster than workers’ wages
April 4, 2024
The combined net worth of the 10 richest Filipinos grew by 20% from Php1.9 trillion to Php2.3 trillion in 2024. This was concentrated in the 3 richest billionaires whose wealth grew almost four times as much as the others in the Top 10.
Falling real wages, more expensive food, as of June 2023
July 7, 2023
Prices keep rising in general but Filipinos’ purchasing power has net kept up. Raising wages and providing subsidies are doable – why have these not been ensured?
NCR and regional nominal wages vs family living wage, as of June 2023
July 7, 2023
The NCR and regional nominal wages fall short of the regional family living wage estimates. The BARMM still has the widest gap between the regional minimum wage (Php341) and the regional family living wage (Php1949).
