poverty

PH minimum wages are family poverty wages (as of June 2024)

July 10, 2024

Workers and their families struggle with poverty wages and need an immediate large wage increase to bring immediate relief from the rising cost of goods and services.

Lack of gainful employment belies govt claims of improving jobs market — IBON

April 13, 2024

The Marcos Jr administration keeps touting that the labor market is improving. But there is a serious disconnect between this government hype and the actual reality of millions of Filipinos.

Economy returning to pre-pandemic slowing growth hits poor the worst – IBON

January 31, 2024

Most recent GDP figures puts the economy on the same trajectory of slowing growth that plagued it prior to the pandemic.

PH starts 2024 on weak footing: Jobless growth and deindustrialization

January 12, 2024

FEATURE

The Marcos Jr administration knows that we all want good news because, well, who doesn’t. Unfortunately, it is taking advantage of this to manage citizens’ perception of the economy.

Latest growth figures confirm economy in decline under Marcos Jr

August 10, 2023

The economic managers have lost their last indicator for claiming good economic performance and the economy is clearly losing momentum.

The expensive and harmful ‘Build Better More’

June 2, 2023

The Philippine government has a repetitive narrative when it comes to infrastructure – that it will “revitalize the economy” and “create more jobs” or that the government is “Building more for better lives” — claims so-repeated that they seem like obvious benefits. But history shows that this is not always the case.

Growing global economic distress as G7 meet ends

May 22, 2023

The global economy is being dragged down by fundamental forces that even the mighty US is still captive to. It may be the world’s dominant imperialist power but it is still merely monopoly capitalist and as such subject to the deeply-ingrained contradictions of capitalism.

Millions of Filipinos still poor despite foreign investments

March 23, 2023

Some politicians claim that more FDI after charter change will reduce poverty. However, poverty has stayed high over the years of increasing FDI.