by Lawrence Agcaoili (The Philippine Star), 13 Jun 2021 MANILA, Philippines — Monetary authorities have vowed to keep a close watch on evolving wage dynamics and its ability to influence price movements as the country’s jobless rate improves with the ongoing recovery from the recession.
By Xave Gregorio(Philstar.com), 19 Feb 2021 MANILA, Philippines — A spike in inflation would typically prompt Filipino workers to call for a wage hike. But not this year.
by Elfren S. Cruz (The Philippine Star), 10 Nov 2019 The Philippines has the slowest real wage growth among the major countries in ASEAN. One reason for this is that in other countries and World Bank economists, real wage growth translates to increase in purchasing power and a more equitable and prosperous economy. Here in…
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