BusinessWorld Online
Marcos silence on wage hike scored
President Ferdinand Marcos Jr. stated in his 2024 State of the Nation Address that minimum wage levels have been increased in various sectors across all regions, including BARMM, through tripartite consensus with the private sector.
He mentioned that this wage adjustment aims to provide relief to over four million Filipino families.
However, labor groups criticized the President for not mentioning their plea for a legislated wage increase in his SONA.
Federation of Free Workers President Jose Sonny G. Matula believes the Marcos economic team has rejected the proposal.
Labor groups will continue to lobby for a legislated wage hike before the Speaker and the Labor Secretary.
Matula stated that without wage recovery, the nation's growth trajectory is directionless.
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