Philippine Daily Inquirer-Nov 14, 2022

Calls to raise the minimum wage again are growing, and for good reason. The cost of living decently has risen much since the last adjustment in June this year. Inflation, a measure of the average increase in the prices of basic food items and services such as transportation and electricity, accelerated to its fastest pace in nearly 14 years at 7.7 percent in October, the highest since December 2008. The increase was mainly due to higher prices of food items, particularly vegetables and fish, as a result of the damage caused by a series of typhoons that recently hit the country. It is projected to remain elevated in the coming months because of persistent supply constraints in basic commodities such as sugar, meat, vegetables, and fuel. Read more at: https://opinion.inquirer.net/158702/wage-earners-need-help-now First published in Philippine Daily Inquirer