More groups junk P13 wage hike offer | Sun.Star.

MANILA — Militant labor groups on Friday assailed what they saw as connivance of the government and the business sector against a “fair” wage increase.

“They harp the same old classic blackmail against wage increase; that it is inflationary, that it will cause retrenchments, and that it will spell apocalypse,” Bukluran ng Manggagawang Pilipino (BMP) president Leody de Guzman said.

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De Guzman’s was reacting to Bangko Sentral Governor Amado Tetangco’s warning that an increase higher than P25 is inflationary and will affect the country’s economic performance in the long term.

Compounding the labor group’s ire was Employers Confederation of the Philippines (Ecop) president Edgardo Lacson’s assertion last Wednesday that they could only afford an additional P13.35 for workers’ salaries.

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