Wages lose value, fail to cope with price hikes

Wages lose value, fail to cope with price hikes

A labor group on Friday said the reason workers could barely make ends meet was the real value of their wages now could only buy products at their 2017 price levels.

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Minimum wage increased in 9 regions

Nine regional wage boards have approved increases in workers’ basic pay ahead of President Rodrigo Duterte’s State of the Nation Address, but labor groups found the amounts too paltry to cope with the rising prices of goods.

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