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Moderate wage hike won’t affect employment, prices — study

Moderate wage hike won’t affect employment, prices — study

While a 31% increase in Metro Manila’s minimum wage may seem bold by today’s standards, it’s far from unprecedented. The study cites the last legislated wage hike in 1989, which was even higher at 40 percent, and notes that the economy absorbed it without causing a crisis. This emphasizes the study’s broader point: a fair wage hike helps restore workers’ rightful share in national growth.

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