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A major labor organization with a party-list group in the House of Representatives has claimed that several sectors rallied behind its proposal for a P150-legislated wage increase.
“They shared compelling testimonies and expert insights in support of the TUCP’s proposed ₱150 legislated wage hike,” he noted. Emmanuel Leyco, an economist who was president of the Pamantasan ng Lungsod ng Manila and social welfare undersecretary, refuted the argument that wage hikes kill businesses and jobs.
The analysis indicates that “the purported link between wage hikes and price hikes is grossly exaggerated, if not entirely fallacious.
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