Showing posts with label P64. Show all posts
Showing posts with label P64. Show all posts

Monday, August 19, 2024

Minimum wage earners are poor according to PSA “fact reveal”

 

Photo from Rappler

The latest poverty statistics released by the Philippine Statistics Authority (PSA) last week show that families with a minimum wage earner as a breadwinner live below the poverty line. “PSA’s ‘fact reveal’ exposes the sad truth that minimum wage earners are working poor as their families survive below the poverty threshold which is unrealistically low. Thus, the urgency of a PhP 150 legislated across-the-board wage hike for all workers,” stated PM national chair and a Marikina city councilor.

 

“The minimum wage is highest in Metro Manila, where the wage board has already granted an adjustment last month. Yet the monthly income of a minimum wage earner in NCR is just PhP 14,190 (P645 x 22 working days). This falls below the PhP 15,713 poverty threshold in Metro Manila, according to the PSA,” Magtubo explained.

 

He added that the same working poor scenario exists for minimum wage earners in highly industrialized areas like Calabarzon, Central Luzon and Cebu. “The ‘minimum wage-poverty threshold gap’ is worse for workers in Calabarzon, Central Luzon and Cebu where no salary adjustment has been granted yet by the inutile wage boards. In Calabarzon the monthly minimum wage is PhP 11,440 but the poverty threshold is PhP 15,457. In Central Luzon the wage is PhP 11,000 but the threshold is PhP 16,046. Finally, in Cebu the monthly minimum wage is PhP 10,296 while the poverty threshold is PhP 14,397. The minimum wage-poverty threshold deficit ranges from PhP 4,000 to 5,000 in a month for these industrialized areas where minimum wages are higher than the rest of the country, except Metro Manila,” Magtubo elaborated.

 

He called for a legislated across-the-board wage hike of P150 to recover the lost purchasing power of workers nationwide. PM is calling on Congress to act on the demand for a salary increase.

 

Magtubo added that “It is a scandal that the minimum wage—which is a floor supposed to protect workers and their families—fails to rise above the poverty threshold. And this holds not just for Metro Manila but for all regions. We are a nation of working poor. Sa kabila ng sipag at tyaga ng mga manggagawa, nanatiling mahirap ang kanilang mga pamilya.”

 

“Further, we can question the accuracy of the poverty threshold estimates. Suffice it to say that even Sec. Balisacan found it difficult to defend the P64 food poverty threshold and stated that it needs revision. This admission from officials is good to hear but action from government is what the working poor need,” Magtubo averred.

August 19, 2024

Wednesday, August 14, 2024

Minimum wage earner families are food poor—Partido Manggagawa

Photo from Panay News


The P64 food poverty threshold means that families with a minimum wage earner as breadwinner are food poor. This is the reaction of the labor group Partido Manggagawa (PM) to NEDA Secretary Arsenio Balisacan’s statement on the latest poverty threshold estimates. Tomorrow, the Philippine Statistics Authority (PSA) is set to hold a presscon to announce the results of the poverty survey for the full year of 2023.

 

“Basing on the publicly available PSA data, the first semester 2023 poverty threshold for Metro Manila is P18,704, of which P13,061 is the allocation for food. The minimum wage for Metro Manila, which was increased last month, is just P645 per day or P16,770 for one month. Thus, the income of a family of five with a minimum wage earner as breadwinner falls well below the poverty line and is food poor,” explained Rene Magtubo, PM national chair and a Marikina city councilor.

 

He called for a legislated across-the-board wage hike of P150 to recover the lost purchasing power of workers nationwide. PM is calling on Congress to act on the demand for a salary increase.

 

The P13,061 poverty food threshold for Metro Manila in the first semester of 2023 implies that a person needs more than P87 per day to be considered not poor. This is above the P64 mentioned by Sec. Balisacan which refers to the national average for the full year of 2023. Magtubo declared that “The P64 food poverty threshold is well above NCR’s food poverty threshold since the cost of living is higher in the capital. But despite the higher minimum wage in Metro Manila that is still not enough to sustain a family. Therefore, workers deserve a wage hike.”

 

He added that “It is a scandal that the minimum wage—which is a floor supposed to protect workers and their families—fails to rise above the poverty threshold. And this holds not just for Metro Manila but for all regions. We are a nation of working poor. Sa kabila ng sipag at tyaga ng mga manggagawa, nanatiling mahirap ang kanilang mga pamilya.”

 

“Further, we can question the accuracy of the poverty threshold estimates. Suffice it to say that even Sec. Balisacan found it difficult to defend the P64 food poverty threshold and stated that it needs revision. This admission from officials is good to hear but action from government is what the working poor need,” Magtubo averred.


August 14, 2024