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Philippine daily wage insufficient to meet family living expenses

MANILA, Philippines — The nationwide daily wage disparity averaged P762 as of March 2024, with the daily minimum wage averaging only P440, the think tank Ibon Foundation said on Wednesday. Data from the Ibon Foundation showed that the wage gap was computed based on the average daily minimum wage and the average family living wage.....»»

Category: newsSource:  inquirerRelated NewsApr 10th, 2024

Laguesma ‘binaril’ P100 wage hike, kinastigo ng Senado

Tinawag na unpopular labor secretary si Bienvenido Laguesma matapos nitong kontrahin ang P100 wage hike bill sa Senado. The post Laguesma ‘binaril’ P100 wage hike, kinastigo ng Senado first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsMay 9th, 2024

BBM kinulit sa P100 wage hike bill

Matapos isnabin ni Pangulong Bongbong Marcos ang P100 wage hike bill ng Senado sa kanyang Labor Day speech noong Miyerkoles, nanawagan naman si Senate President Juan Miguel Zubiri na sertipikahan ang panukala sa dagdag sahod ng mga manggagawa. The post BBM kinulit sa P100 wage hike bill first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsMay 2nd, 2024

2.4M Dabawenyos working as of Oct 2023

The October 2023 Preliminary Employment report by the Philippine Statistics Authority-Davao Region (PSA-Davao) reveals that 64 percent of the 3.780 million Dabawenyos aged 15 and above are part of the labor force, indicating that 2.42 million individuals are employed. This represents a 1.8 percentage point increase from the previous year. The report also highlights a 97.1 percent employment rate in the Davao Region as of October 2023, with a 2.9 percent unemployment rate, lower than the national average. Despite this, the region still maintains the highest employment rate in the Philippines. Additionally, the report compares employment rates across different regions, with Soccsksargen, Barmm, Central Luzon, CAR, Caraga, Western Visayas, Cagayan Valley, Mimaropa, and Central Visayas surpassing the national average. The Bangsamoro Autonomous Region in Muslim Mindanao (Barmm) records the highest labor force participation rate among 17 regions, while the Zamboanga Peninsula has the lowest rate. The data is collected through the Labor Force Survey (LFS) conducted quarterly and monthly by the PSA central office and its regional statistical services offices. The Davao Region, with nearly 6 million inhabitants, remains the 7th most populous region in the country......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

RTWPB-7 okays P500 wage hike for Kasambahays

LAPU-LAPU CITY, CEBU- A good news for domestic workers or kasambahays in Central Visayas. The Regional Tripartite Wages and Productivity Board (RTWPB-7) has approved a proposal to increase their monthly wages by P500. From a minimum wage of P5, 500 per month, those who are working in chartered cities and first class municipalities in the.....»»

Category: newsSource:  inquirerRelated NewsApr 27th, 2024

TUCP to House: Pass bill that seeks across-the-board P150 wage hike

TUCP to House: Pass bill that seeks across-the-board P150 wage hike.....»»

Category: newsSource:  sunstarRelated NewsFeb 22nd, 2024

Council okays P1M to cover 4 workers’ salaries

Council okays P1M to cover 4 workers’ salaries.....»»

Category: newsSource:  sunstarRelated NewsMay 15th, 2024

10% hike in registered voters expected in Central Visayas

10% hike in registered voters expected in Central Visayas.....»»

Category: newsSource:  sunstarRelated NewsFeb 8th, 2024

Senate rallies behind legislated wage hike; House to proceed with caution

Buoyed by President Ferdinand Marcos Jr.'s order to review the minimum wage rates in all regions, Senate President Juan Miguel Zubiri urged the president to tag as urgent a bill that legislates a P100 minimum wage hike for all private sector workers......»»

Category: newsSource:  philstarRelated NewsMay 2nd, 2024

Lawmaker proposes gradual 3-year wage hike for private workers

A lawmaker on Wednesday proposed gradually increasing the minimum daily wage for private sector workers by P100 over three years. Manila Rep. Joel Chua believes this approach would be manageable for businesses still recovering from the pandemic. He emphasized the importance of balancing the interests of workers and businesses while implementing the wage hike. A.....»»

Category: newsSource:  inquirerRelated NewsFeb 22nd, 2024

BARMM workers to get P20 pay hike

Minimum wage earners in the Bangsamoro Autonomous Region in Muslim Mindanao are getting a wage increase......»»

Category: newsSource:  philstarRelated NewsFeb 7th, 2024

There are more singles than married couples in Central Visayas but…

CEBU CITY, Philippines – Did you know that there are more singles compared to married people in Central Visayas? In fact, there are more singles in the entire Philippines, based on the 2020 census, and Central Visayas, one of the most populous regions in the country, is no exception. State statisticians identified approximately 6.4 million.....»»

Category: newsSource:  inquirerRelated NewsFeb 14th, 2024

Employers’ group asks President Marcos: Veto P100 wage hike law

President Marcos should veto a proposed measure legislating a P100 daily across-the-board increase for the private sector as there is no way that small businesses can comply with the legislated wage hike, Employers Confederation of the Philippines (ECOP) chairman Sergio Ortiz-Luis Jr. said yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 16th, 2024

Around P10M in illegal drugs seized in two-day anti-drug ops in Central Visayas

CEBU CITY, Philippines – Close to 150 suspected drug personalities, and illegal drugs worth around P10 million were seized following a two-day anti-drug operation in Central Visayas. Police in the region conducted another round of Simultaneous Anti-Criminality and Law Enforcement Operations (Sacleo) over the weekend, Police Lt. Col. Gerard Ace Pelare, spokesperson of the Police.....»»

Category: newsSource:  inquirerRelated NewsJan 29th, 2024

Union Bank board approves P10-B stock rights offering

The board of directors of Union Bank approved a plan to conduct a stock rights offering to raise up to P10 billion to “fund the capital infusion to UnionDigital” and for “projected retail loan availments”......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2024

Central Visayas kasambahay to get pay hike

Household helpers or kasambahay in Central Visayas are expected to get an increase in their monthly pay......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 2024

Workers buck wage hike in installments

Stressing the need for a one-time significant wage increase to effectively stimulate the local economy, labor group Federation of Free Workers has rejected the proposal by some legislators and the business sector for an installment-based legislated wage increase......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024

Employers back staggered wage hike

The umbrella organization of employers in the country believes it is best to leave decisions on wage increases, which have historically been implemented on a staggered basis, to the regional wage boards......»»

Category: financeSource:  philstarRelated NewsFeb 24th, 2024

Senate OKs on second reading P100 wage hike

The Senate approved on second reading yesterday a bill seeking a P100 daily minimum wage increase for private sector workers – a Valentine’s gift to minimum wage earners......»»

Category: newsSource:  philstarRelated NewsFeb 15th, 2024

P10.54 million shabu seized in Iloilo

At least 1.55 kilos of shabu with an estimated street value of P10.54 million were recovered in stings in Iloilo City on Thursday, Western Visayas police director Brig. Gen. Jack Wanky said......»»

Category: newsSource:  philstarRelated NewsMar 9th, 2024