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  2. Labor policy in the Philippines - Wikipedia

    en.wikipedia.org/.../Labor_Policy_in_the_Philippines

    The minimum wage rate for Non-Agriculture employees, in Manila region, established under Wage Order No. NCR 15 is P404 per day, but on May 9, 2011, a (cost of living allowance) of P22 per day was added to P404 wage, making the minimum wage P426.

  3. List of countries by minimum wage - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by...

    Netherlands. €1,934.40 (US$2288) per month, and €11.16 (US$13.2) per hour for persons 21 and older; between 30–80% (as low as €3.35 per hour) of this amount for persons aged 15–20. [ 173] An additional holiday allowance of 8% of the annual wage is paid in May or June, prorated for the time worked in the year. 24,925.

  4. Workers' resistance against the Marcos dictatorship - Wikipedia

    en.wikipedia.org/wiki/Workers'_resistance_against...

    Real wages for skilled for workers in urban areas fell by 23.8%, and for unskilled laborers the decline was 31.6%. Authors of the study concluded that "purchasing power has dropped in both urban and rural areas, in all regions, and practically all occupations," and the gap between rich and poor is "worse in the Philippines than elsewhere in the ...

  5. Labor Code of the Philippines - Wikipedia

    en.wikipedia.org/wiki/Labor_Code_of_the_Philippines

    Article 99 of the Labor Code of the Philippines stipulates that an employer may go over but never below minimum wage. Paying below the minimum wage is illegal. [10] The Regional Tripartite Wages and Productivity Boards is the body that sets the amount for the minimum wage. In the Philippines, the minimum wage of a worker depends on where he works.

  6. Diosdado Macapagal - Wikipedia

    en.wikipedia.org/wiki/Diosdado_Macapagal

    Diosdado Pangan Macapagal GCrM, KGCR ( Tagalog: [djosˈdado makapaˈɡal]; [ 1 ] September 28, 1910 – April 21, 1997), often referred to by his initials DPM, was a Filipino lawyer, poet and politician who served as the ninth President of the Philippines, serving from 1961 to 1965, and the sixth Vice President, serving from 1957 to 1961.

  7. Economic history of the Philippines - Wikipedia

    en.wikipedia.org/wiki/Economic_history_of_the...

    Income inequality grew during the era of martial law, as the poorest 60 percent of the nation were able to contribute only 22.5 percent of the income in 1980, down from 25.0 percent in 1970. The richest 10 percent, meanwhile, took a larger share of the income at 41.7 percent in 1980, up from 37.1 percent in 1970.

  8. Minimum wage - Wikipedia

    en.wikipedia.org/wiki/Minimum_wage

    A minimum wage is the lowest remuneration that employers can legally pay their employees—the price floor below which employees may not sell their labor. Most countries had introduced minimum wage legislation by the end of the 20th century. [ 2] Because minimum wages increase the cost of labor, companies often try to avoid minimum wage laws by ...

  9. I’m an Economist: Here’s What Could Happen to Wage ... - AOL

    www.aol.com/m-economist-could-happen-wage...

    Minimum Wage Increases During the Biden-Harris Administration. In 2022, the Biden-Harris Administration raised the minimum wage to $15 per hour for 70,000 federal workers, and 300,000 federal ...