Wage Hike

With only a few weeks before Labor Day, a militant labor group is now pushing for the passage of a bill, which will grant workers with a "significant” wage hike. Kilusang Mayo Uno (KMU) chairperson Elmer Labog said the passage of House Bill 257 or the P125 Wage Hike Bill will provide employees with the additional income to cope with rising prices. He issued the statement after alleging that the government and some organizations are issuing studies and policies to "demonize” the minimum wage. The labor leader cited a statement from Philippine Institute for Development Studies, which claims that minimum wage rates in the country are hindering the growth of businesses in the country.//