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Wage rates in the Philippines are influenced by several factors, including economic conditions, inflation, and labor supply. The high level of unemployment and underemployment contributes to a surplus of labor, which suppresses wage growth. Additionally, many workers are employed in the informal sector, where wages are often lower and labor rights less protected. Structural issues, such as limited investment in high-paying industries and a lack of skills training, further exacerbate the low wage environment.

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2w ago

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