The Department of Labor and Employment (DOLE) has ordered the regional wage boards to review whether another round of increase for the country’s 4 million minimum wage earners could be imposed
“This is something we are studying. We are not disregarding recent events. That’s why our Regional Tripartite Wages and Productivity Boards have the directive that even though we just recently issued wage adjustments, we will still consider the current situation so we can help our workers and entrepreneurs,” Labor Secretary Bienvenido Laguesma said in a television interview on Tuesday.
Then Labor Secretary Silvestre Bello III noted that workers in Metro Manila earning P537 a day might no longer be able to cope with the daily cost of living. The minimum wage in the National Capital Region was raised by P33 to P570 a day. The increases in regional minimum wages ranged from P30 to P110.
Inflation, a measure of the average increase in the prices of basic food items and services such as transportation and electricity, accelerated to its fastest pace in nearly 14 years at 7.7 percent in October, the highest since December 2008. It is projected to rise further due to supply constraints especially for farm products after a series of typhoons hit the country.
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