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Tag: real wage

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 […]

Wage hike urgent, and should be substantial, gov’t told

May 31, 2018

Research group IBON said that the government’s recently announced plan to respond to labor’s clamor for an increase in the minimum wage is welcome. IBON underscored that this move is urgent amid rising prices, and added that the hike should be meaningful enough to keep up with accelerating inflation and worsening poverty, said the group. […]