real wage decline
Labor productivity rises, wages remain low, big business benefits
May 2, 2024
Worker productivity increased significantly while the average minimum wage fell through the years. But employers have pocketed this growing productivity as profits for decades instead of giving workers the fair compensation that is due to them.
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.
10 things about the economy that the Duterte administration should admit
April 4, 2022
At its economic briefing, the Duterte government will likely hype growth, claim successful COVID response and play up so-called reforms. All this seeks to distract from how social and economic development has been set back by the administration even before the pandemic.
Wage increase needed to avert only real wage decline in 36 years
April 1, 2022
If the Duterte administration does not give a large wage hike, it will finish its term with the only decline in real wages among all post-Marcos administrations over the past 36 years.