inflation

NCR family living wage as of April 2023

Mayo 9, 2023

Despite declining in April, the 6.6% headline inflation continues to eat away the unchanged minimum wage. Short-term solutions like removing consumption taxes and mandating wage hikes are urgently needed.

Growing clamor for wage hike echoes urgency, justness and doability — IBON

Marso 31, 2023

Recently proposed legislation and petitions for a wage hike affirm that this is urgent, just and doable. Amid the poor jobs situation, low incomes and high prices, the minimum wage has not been enough for many Filipino families to live decently.

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

Marso 10, 2023

Inflation in areas outside NCR has gone down slightly to 8.5% in February. Yet, with minimum wages unchanged, the gap with the family living wage is still widening across the regions — with the worst shortfall in BARMM where the minimum wage is just 17.5% of the family living wage.

“Wage hikes are harmful”: Kung ayaw maraming dahilan

Marso 6, 2023

It’s perplexing for the economic team to speak about workers and their wages as if they are a burden to the economy. It’s people who most of all create value in the economy and for whom the economy is for.

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

Pebrero 7, 2023

The January 2023 8.7% inflation continues to widen the gap between the minimum wage and the family living wage. The minimum wage is highest in the NCR but the Php570 here has fallen to only 49.1% of the NCR family living wage of Php1,161. BARMM has the lowest minimum wage at Php341 and this is […]

Worsening inflation makes admin ayuda cuts even more unconscionable – IBON

Pebrero 7, 2023

With inflation continuing to rise to 8.7% in January 2023 to its highest in over 14 years, it is unconscionable for the Marcos Jr administration to keep slashing cash assistance to struggling Filipinos in urgent need of relief.

Will World Economic Forum folks believe Bongbong?

Enero 16, 2023

The administration’s trip is a self-serving junket at the people’s expense. If Marcos Jr speaks about so-called economic gains, he will be speaking untruths.

Govt gives low priority to supporting the purchasing power of Filipinos–IBON

Enero 5, 2023

December inflation has pushed the family living wage (FLW) for a family of five to an average of Php1,146 nationwide. The average daily nominal wage of Php404 nationwide is just one-third (35.3%) of the nationwide FLW. In the National Capital Region (NCR), the FLW for a family of five rose to Php1,145. The daily nominal wage in NCR is however not even half (49.8%) this.