Tag: Filipino working class struggles

Filipino working class struggles with low wages and high cost of living. Workers face deflated real wages and shrinkflation of commodities, leading to hardships during the holidays. Minimum wage increases have not kept up with inflation, leading to depleted purchasing power. Rice prices continue to rise, adding to the burden. Despite claims of job creation, many traditional jeepney operators and drivers are losing their livelihoods. The current approach to economic development is not working, highlighting the need for a new industrial and agricultural policy focused on job creation. Immigration rates reveal the lack of good-paying jobs in the country. The government's reliance on overseas employment as a solution highlights a flawed economic model.