nominal wage
Stagnant Real Wages, More Expensive Food
February 8, 2024
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?
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.
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.
Be bold enough to implement a meaningful wage hike, gov’t told
November 7, 2018
The new National Capital Region (NCR) minimum wage is still way below the amount that a family needs to cope with continuously rising prices, research group IBON said. The paltry increase reflects government’s refusal to institute a meaningful wage hike despite its urgency and doability. Government should instead have ordered employers to give a substantial […]
IBON — Php238 NCR wage hike doable without worsening inflation
October 11, 2018
As the Metro Manila regional wage board deliberates a minimum wage hike for later this month, research group IBON said that a much-needed Php238 minimum wage increase is possible and need not be inflationary. Millions of Filipino workers including in the National Capital Region (NCR) are burdened by high prices of goods and services. The […]
Wage hikes need not cause higher prices — IBON
July 20, 2018
Research group IBON said that substantially raising the minimum wage of Filipino workers need not lead to price hikes, contrary to the recent claims of National Economic and Development Authority (NEDA) Secretary Ernesto Pernia. IBON said that wage hikes should be taken from profits instead of being considered a cost of production passed on to […]
TRAIN-driven rising cost of living makes wage hike urgent
July 9, 2018
Research group IBON said that tax-driven inflation is making the meager wages of poor Filipinos fall even further behind the rising cost of living. The group said this makes it even more urgent for the government to immediately raise wages even as it revisits the Tax Reform for Acceleration and Inclusion (TRAIN) law behind the […]