wage hike
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 […]
Inflation slowed but higher prices burden consumers further
August 7, 2023
The cost of basic goods such as rice, vegetables, fish and oil continues to rise and burden millions of poor consumers
NCR and regional nominal wages vs family living wage, as of June 2023
July 7, 2023
The NCR and regional nominal wages fall short of the regional family living wage estimates. The BARMM still has the widest gap between the regional minimum wage (Php341) and the regional family living wage (Php1949).
Marcos Jr Administration Year One
July 4, 2023
The Marcos Jr government projected its first year as being full of sunshine. But this has failed to conceal the administration’s inaction and incapability to genuinely serve and keep its promises to the Filipino people.
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.
One year of BBM: More hype, less help
June 30, 2023
The Marcos Jr administration has profusely hyped its one year of achievements that have supposedly helped the Filipino people amid the economic crisis. But looking back, did the President really achieve that much and help the Filipino people as much as he claims?
IBON Poverty Wages Feature
June 25, 2023
Filipino workers and their families are barely surviving on the minimum wage because this is even less than the rather low-standard official poverty threshold for a family of five. In other words, Philippine minimum wages are family poverty wages.
Php170 wage hike only 16.2% of enterprise profits
June 7, 2023
The family living wage is Php1,160 as of May 2023. However, minimum wages since wage regionalization in 1989 don’t just fall far short of the ever rising living wage — they haven’t even kept up with inflation.
Economic slowdown stresses urgency of boosting household purchasing power with wage hikes, ayuda– IBON
May 14, 2023
The continuing deceleration in household spending from low incomes and high prices is among the biggest factors in the slowdown, and is among issues that the administration can immediately address
