President Ferdinand 'Bongbong' Marcos Jr. said that the negotiations for a minimum wage increase are progressing. | ManilaBulletin
President Ferdinand "Bongbong" Marcos Jr. bared that the negotiations for a minimum wage increase are gaining progress.Marcos said this in a statement on Thursday, June 29, after the Department of Labor and Employment , sat down with the workers, labor unions, and organizations to strike a balance and alleviate the “inflationary pressures” on workers.
This undertaking, he said, aims to ensure that the labor sector will be protected from the rapid expansion of the economy. “Our workers, of course, are asking for a increase, workers in those small businesses. We might drive the businesses out because they cannot pay because they are too small,” he added.
Laguesma added they will be presenting to the President and the Cabinet the Philippine Development Plan 2020-2023, which has been both endorsed by the labor sector and DOLE, before holding a national tripartite conference.
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