Thursday 21 June 2018
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7 days ago

Workers alarmed by weakening peso – ALU

The drop of the Philippine peso to its weakest levelin 12 yearshas triggered fears of a serious economic crisis among workers. Associated Labor Unions (ALU) spokesman Alan Tanjusayon Thursdaysaid there was grave concern among workers amid rising prices of basic commodities and costs of services. Now that we are approaching the lean months---June, July and August---this is bad timing because the real value of their wages will erode further down, Tanjusay said in a stateme

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