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  1. 18 hours ago · It could increase the unemployment rate. But again, it’s a very negligible number and it could impact something like 40,000 to 140,000, depending on the region. But still again, not as big as one would expect if those rate adjustments were much higher,'' he added. Balisacan said the wage adjustment would not constrain the Philippine economy.

  2. Jul 10, 2024 · July 10, 2024 | 12:00am. Latest data from the Department of Budget and Management (DBM) showed that it has issued P5.3 trillion of the 2024 budget as of end-June. MANILA, Philippines — The ...

  3. 18 hours ago · Share. (File photo) MANILA – The PHP35 increase in the daily minimum wage of workers in the National Capital Region (NCR) would neither constrain the Philippine economy nor greatly affect employment numbers, the National Economic Development Authority (NEDA) said Tuesday. In a Palace press briefing, NEDA Secretary Arsenio Balisacan said the ...

  4. Jul 10, 2024 · But more jobs expected with rising economy—NEDA. As much as 140,000 workers may be negatively affected by the P35 daily minimum wage hike in Metro Manila that will take effect on July 17. National Economic and Development Authority Secretary Arsenio Balisacan, however, said the the impact on the economy is “very negligible.”.

  5. Jul 10, 2024 · MANILA, Philippines — Tinatayang aabot sa 40,000 hanggang 140,000 manggagawa ang maaaring maapektuhan nang inaprubahang P35 minimum wage hike sa Metro Manila kamakailan.

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