Labor productivity rises, wages remain low, big business benefits

Worker productivity increased significantly while the average minimum wage fell through the years. But employers have pocketed this growing productivity as profits for decades instead of giving workers the fair compensation that is due to them.

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IBON Foundation

IBON Foundation is a non-stock, non-profit development organization. We have been serving the Filipino people through research and education since 1978. IBON seeks to promote an understanding of socioeconomics that serves the interests and aspirations of the Filipino people. We study the most urgent social, economic, and political issues confronting Philippine society and the world.