Proposals to enact a “holiday economics” measure will help prop up tourism as a pillar of the recovery, analysts said, but such a policy could be negative for employees who are not paid on days they do not work. READ:
January 22, 2023 | 7:32 pmPROPOSALS to enact a “holiday economics” measure will help prop up tourism as a pillar of the recovery, analysts said, but such a policy could be negative for employees who are not paid on days they do not work.
The practice of so-called “holiday economics” seeks to create long weekends, moving national holidays closer to Saturday or Sunday if necessary in order to stimulate travel and help tourism drive the recovery. Last week, House Assistant Minority Leader Arlene D. Brosas said that day laborers will earn less under such an arrangement.
Mr. Dacuycuy called for creative and flexible ways to galvanize the economy. “We have to find ways to… outplace inflation in terms of economic growth,” he said via e-mail. “We must value the actual date of a particular event in our history reflect the significance of those dates,” Ms. Castro of ACT Teacher’s Party-list said.
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