Three straight quarters slowdown confirms economic decline

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 […]

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?

Marcos Jr’s first year passes without a wage hike, while NCR hike in July still paltry — IBON

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.

Filipino workers productivity increasing but real wages falling — IBON

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.

More ayuda more urgent than ever

November 22, 2022

Ayuda is urgent. Millions of Filipinos struggling with poverty even before the pandemic are now also dealing with joblessness from the lockdowns and rapidly rising prices of goods and services. Expanded emergency cash assistance combined with expanded support for farmers, fisherfolk and small businesses are critical to spur real economic recovery.

Labor productivity rises, wages remain low, big business benefits

July 18, 2022

Labor productivity has been rising yet workers’ wages remain low. How are big corporations benefiting from this?

Real wages fall as inflation spikes

June 9, 2022

Higher May inflation pushed the real value of wages to even lower levels and is making basic food and transport services even more unaffordable. Inflation far outpaces the outgoing Duterte administration’s wage hikes and wage earners are worse off now than six years ago.

Cash subsidies for poorest households urgent as inflation reaches 21-month high

January 5, 2021

In the face of soaring prices, joblessness and meager incomes, emergency cash subsidies for the poorest Filipinos and support for small businesses need to be increased substantially. Distribute Bayanihan 2 cash assistance immediately, and a new cash subsidy program to cover several millions of vulnerable citizens should be drawn up.

Falling real wages, more expensive food (Updated)

December 6, 2019