IBON Foundation

Falling real wages, more expensive food (as of July 2023)

Agosto 8, 2023

The inflation rate being lower in July 2023 means prices went up slower for some commodities. From July 2022-2023 the price of rice, several vegetables and fishes became costlier, still hurting the pockets of poor, lower-income and middle class families.

Minimum wage vs family living wage per region as of July 2023

Agosto 8, 2023

The NCR minimum wage still falls short of the regional family living wage (FLW) despite the recent wage hike. Across the regions, minimum wages are likewise insufficient compared to the regional FLW. The biggest FLW-nominal wage gap is in BARMM with only Php341 in nominal wages versus a Php1,947 FLW.

NCR family living wage as of July 2023

Agosto 8, 2023

The National Capital Region family living wage (FLW) as of July 2023 is Php1,164 per day or Php25,327 per month. Despite the recent wage hike effective mid-July, the NCR nominal wage of Php610 is 47.7% short of the regional FLW.

Inflation slowed but higher prices burden consumers further

Agosto 7, 2023

The cost of basic goods such as rice, vegetables, fish and oil continues to rise and burden millions of poor consumers

Ang Budol ng Taon

Hulyo 13, 2023

Isang taon na mula noong umupo si Ferdinand Marcos Jr bilang Pangulo ng Pilipinas matapos ang isang makasaysayan at kontrobersyal na halalan noong Mayo 2022. Kunwa’y magpakumbaba nitong inulat ang kaniyang unang taon bialng “work in progress.” Binatbat ang unang taon ni Marcos Jr ng sandamakmak na suliraning pang-ekonomiya at panlipunan. Mas sumahol ang kalagayan […]

Over 1M rise in part-time workers belies admin’s ‘favorable’ labor market claims—IBON

Hulyo 8, 2023

NEWS

Despite months of government playing up so-called reforms to ensure high-quality job generation, more and more Filipinos are struggling to earn whatever they can just to get by.