4-Day Work Week Amid Surging Oil Prices Proposed by NEDA to President Duterte
NEDA recommends 4-day work week for employees amid the surging prices of petroleum products due to Russia-Ukraine war.
The oil prices continue to increase over the past few months and the hike gets worse due to the Russia-Ukraine war. The unexpected increase severely affect the transport sector and other businesses.
On Wednesday (March 16, 2022), the National Economic and Development Authority (NEDA) is recommending a 4-day work week for Filipino workers amid the series of oil price hike over the past few months.
The agency’s proposal aim to reduce the expenses of the Filipino employees due to consecutive pump price increase and transport fare hike. The proposal will still require the workers to work 40 hours per week but within four days.
“Imbes na sa 5 araw [magtatrabaho] ay 4 na araw, pero imbes na 8 oras kada araw magiging 10 oras kada araw,” Socioeconomic Planning Secretary Karl Chua recommends to President Rodrigo Duterte.
Last Tuesday (March 15, 2022), oil companies implement an additional amount of P13.15 per liter of diesel and P7.10 per liter of gasoline. It marked the 11th consecutive weeks of pump price increase.
Several transport groups were also seeking fare hike due to the surging prices of petroleum products. Jeepney drivers and operators were asking the government to make the minimum fare on jeepneys P9.
Numerous transport groups and other affected groups are set to make protests amid the series of oil price hike.
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