Think tank: Average minimum wage covers a third of family living needs

Q: How long will it take to read this news story?

The story "Think tank: Average minimum wage covers a third of family living needs" has 477 words across 14 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Think tank: Average minimum wage covers a third of family living needs" was covered 22 hours ago by Business Mirror, a news publisher based in Philippines.

Q: How trustworthy is 'Business Mirror' news outlet?

Business Mirror is a fully independent (privately-owned) news outlet established in 2005 that covers mostly business and startups news. The outlet is headquartered in Philippines and publishes an average of 33 news stories per day. It's most recent story was published 12 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #22411740</li><li>URL: https://beamstart.com/news/think-tank-average-minimum-wage-17258137844886</li></ul>

Business Mirror Logo Business Mirror 22h ago

Think tank: Average minimum wage covers a third of family living needs - Business Mirror

Quick Summary:

AS of August 2024, workers across the country are short by an average of P772 to live decently.

Based on DOLE’s computation, the FLW should be around P1,082 daily or P27,050 monthly.“Whether it is sufficient or not is [subjective], as there are families with simpler [lifestyles],” NWPC Executive Director Criselda Sy explained in Filipino.

However, despite this slight adjustment, most workers in the National Capital Region (NCR) may still not feel it as the daily FLW also increased to P1,206 from P1,178 in August 2023.