The labor group Partido Manggagawa (PM) has reiterated its call for a P100 wage hike, citing continuous increases in the prices of petroleum products and basic commodities. Read more👇
“P100 is wage recovery, not a real increase in salaries. The rising inflation rate further erodes real wages. The National Wages and Productivity Commission’s own data shows that as of February 2022, the P537 minimum wage in Metro Manila is worth only P494 due to inflation since 2018,” Rene Magtubo, PM national chair said.
The wage hike was among the demands raised by the PM and other labor groups in the nationwide Labor Day activities on May 1.“The regional wage boards are useless. Instead, workers want Congress to pass a law mandating a P100 across-the-board wage increase, even for those receiving salaries above the minimum wage since everyone has been affected by inflation,” Magtubo said.He said P100 would not be enough to raise minimum wages to the level of the cost of living.
“A holistic approach necessitates a cash aid, price discounts and a jobs program in response to the spike in food prices. Families of the unemployed and informal workers should be given a cash assistance of P10,000 a month,” he said. Magtubo also said Metro Manila workers last got a minimum wage increase on October 30, 2018—more than three years ago. The most recent wage hike was for Region 2 on February 4, 2020, on the eve of the lockdowns.
“The worst off are the workers in Calabarzon, where most factories are situated, who last got a minimum wage increase on February 28, 2018. None of the regional wage boards have done anything for the past three years since they are an instrument to cheapen wages,” he added.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gov’t urged to focus on subsidies not wage hikeThe Nation's Leading Newspaper
Read more »
Proposed EU sanction vs. Russia to raise local oil prices - Auto NewsEU plan to phase out Russian oil and refined products boosts price by 5%
Read more »
Rising triathlete: Watch out for TLTG’s Matthew Justine HermosaCEBU CITY, Philippines—The Talisay Luigi Triathlon Group (TLTG)-Go For Gold has another potential star under its care.This after the group’s rising triathlete Matthew Justine Hermosa
Read more »
India logs 6.2 pct hike in death rate during 2020 amid rampant Covid-19India’s federal government in its newly released the Civil Registration System (CRS) report 2020 has stated that the country recorded an increase of 6.2 percent in the death rate in the Covid-19 pandemic year.
Read more »
Pope Francis Ukraine diplomacy: A political and spiritual tightrope | Nicole Winfield | The Associated PressVATICAN CITY—His appeals for an Orthodox Easter truce in Ukraine went unheeded. His planned meeting with the head of the Russian Orthodox Church was canceled. A proposed visit to Moscow? Nyet. Even his attempt to showcase Russian-Ukrainian friendship fell flat. Pope Francis hasn’t made much of a diplomatic mark in…
Read more »
Beijing closes 10% of subway stations to stem Covid spread | Associated PressBEIJING—Beijing on Wednesday closed around 10 percent of the stations in its vast subway system as an additional measure against the spread of coronavirus. The subway authority in a brief message said only that the measure to shut 40 mostly downtown stations was being taken as part of epidemic control…
Read more »