[In the news] Labor group files P90 wage hike business says it’s untimely -Cebu Daily News
The Associated Labor Unions-Trade Union Congress of the Philippines (ALU-TUCP) in Central Visayas filed a P90 across-the-board daily wage increase before the Regional Tripartite Wages and Productivity Board (RTWPB 7) at 4 p.m yesterday.
They said the petition was in response to the rising fare rates and increases in the prices of basic and prime commodities caused by the global fuel price increases.
But Cebu Business Club president Gordon Alan “Dondi” Joseph said the petition was untimely and focus should be on job creation.
“You now, wage increases will not solve the problems of the economy or the increasing cost of living. The government has to focus on creating jobs, creating more employment for more Filipinos,” Joseph said.
Ferdinand Jumapao, OIC Area vice-president of ALU-TUCP Central Visayas, said the filing of the petition was planned even before the 50 centavo fare increase took effect.
Jumapao said the petition is in response to the erosion of the purchasing power of the worker’s current P305 daily minimum wage.
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