August 11, 2023
Growth slowing for three straight quarters confirms economic decline under the Marcos Jr administration. The economic rebound and momentarily fast growth from reopening, which was measured from the worst economic contraction in the country’s history, is over. The economy has returned to its trajectory of slowing growth that started even before the excessive pandemic lock […]
July 3, 2023
The Marcos Jr administration cannot tout the NCR wage hike as an additional accomplishment to report on its first year. The new NCR wage is still so much lower than demanded by workers, than the FLW for a more decent standard of living, and even less than the increase in worker productivity, and the plight of millions more low-income self-employed and other informal sector workers and unemployed Filipinos remains unaddressed.
May 8, 2023
The gains from growing productivity are not going to workers as higher wages but to the profits of corporations and the wealth of the super-rich. Giving workers their fair share through decent wages will uplift their lives and also spur economic progress.