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The government on Wednesday set a five-year goal of achieving annual inflation-adjusted wage growth of 1 percent across Japan ...
The government will set a goal of reaching 1% annual gains in real wages by the fiscal year starting in April 2029, according ...
TOKYO -- Japanese companies have raised wages by an average of 5.49% this year, little changed from 2024, as the pace of increases in manufacturing slows while other sectors catch up, a Nikkei ...
we study the potential impact on wage dynamics of the planned minimum wage increase policy in Japan. Our main result is that stepping up minimum wage growth from 2 to the planned 3 percent per year ...
Nominal cash earnings rose 2.1% from a year earlier, decelerating from a revised 2.7% pace in February and below a median ...
Japan's economy shrank an annualized real 0.7 percent in the January-March period, marking the first contraction in four ...
The Bank of Japan ... wage hike survey as a reference in determining whether to raise or lower its policy interest rates, according to the sources. To stably achieve its 2 percent inflation target, ...
Given that the automotive industry serves as the “backbone” of the Japanese economy, a decline in its performance could ...