A labor group opposed the proposed bill in the Senate institutionalizing “holiday economics” for its “unproven” benefits to labor and the economy.
“I have yet to see a study that will show that it [holiday economics] has an impact on the economy and to citizens,” Mata said. “The whole idea of holiday economics is that people can actually go on holiday. How can you go on a holiday when you are worried about your jobs, you don’t have a job, or even if you have a job, you don’t have the resources to allow you to travel? It doesn’t make sense,” Mata said.
“Sentro actually objects to the imposition of holiday economics especially for red letter days for the labor movement like May 1, Nov. 30 , Araw ng Kagitingan . The commemoration of those days should not be changed because these are days designed to commemorate actual historical events and figures who are important to us,” Mata said.
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