Tag: wage depression

Wage hikes need not cause higher prices — IBON

July 20, 2018

Research group IBON said that substantially raising the minimum wage of Filipino workers need not lead to price hikes, contrary to the recent claims of National Economic and Development Authority (NEDA) Secretary Ernesto Pernia. IBON said that wage hikes should be taken from profits instead of being considered a cost of production passed on to […]

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 […]

Php750 national minimum wage a legitimate call (IBON Facts & Figures excerpt)

April 24, 2018

The demand of progressive workers’ federations for the re-installation of a national minimum wage and pegged at Php750, along with the abolition of the regional wage boards, is an immediate, important and doable step towards making economic growth genuinely inclusive and addressing worsening inequality in the country. Based on IBON estimates, raising the average daily […]