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Japan’s Nominal Wages Rise at Fastest Pace in Almost 30 Years
Base salaries and special payments lifted nominal pay, while the labour ministry said the boost in bonuses was a statistical quirk.
Summary by The Japan Times
7 Articles
7 Articles
Japan's Nominal Wages Rise at Fastest Pace In Almost 30 Years
·New York, United States
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Real wages in September, which reflect price fluctuations, increased for the ninth consecutive month. According to the "Monthly Labor Survey" (preliminary figures), the average "total cash earnings (nominal wages)" per worker in September was 311,409 yen, a 4.6% increase compared to the same month last year. This marks the eighth consecutive month that the growth rate of total wages has exceeded 3%, the first time in 34 years and 6 months. Furth…
Coverage Details
Total News Sources7
Leaning Left0Leaning Right1Center4Last UpdatedBias Distribution80% Center
Bias Distribution
- 80% of the sources are Center
80% Center
C 80%
R 20%
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