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Monday, May 25, 2009
Global Economic Crisis is felt by all countries around the world and hitting the local and domestic economic problems affecting the labor sector and business sectors causing social interest beyond the limits of our society. With the precent phenomenon, the great hallucost started to roll the condemnation, that people in all walks of life had no recourse in the diverse situation. It is very alarming problem that million are jobless; if job is available, cost of living is surging down very much low that a family can no longer eat three meals a day. The rich became more richer that they take advantage of the situation witht their high cost of commodities charged to their products. In some third world countries, like the Philippines, labor cost is very much low, no more minimum wage. Even in multinational companies, they give below minimum daily wage of 150 pesos or even lesser. The government should look into this situation and do something to improve the living condition of the people.
Labels: Personal
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