Slow pay rise to increase number of poor families

MANILA, Philippines – Slower pay hikes – especially among low salary earners – are expected to increase the numbers of poor Filipino households this year, an official said.

Since the hike in salaries – especially among the lower income brackets – “is not as fast as the increase in prices,” Filipinos above the poverty threshold may find themselves below the poverty line, Romulo Virola, secretary general of the National Statistical Coordination Board (NSCB) said.

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