US EditionJapan: Larger wage increases in the last 34 years - News Bulletin 247
3 Articles
3 Articles
[NHK] The 27th House of Councillors election was announced on the 3rd. Prime Minister Ishiba, who is also the president of the Liberal Democratic Party, said in Kobe, "We will do everything we can to achieve wage increases that exceed price increases...
Japan: Larger wage increases in the last 34 years - News Bulletin 247
Japanese companies have agreed to increase salaries by 5.25% this year, marking the largest salaries increase for 34 years, Rengo’s largest trade union organization said on Thursday, as inflation and labor shortages are increasing the pressure on continuous increases. The strong wage increase comes after an average increase of 5.10% last year and 3.58% last year, suggesting that the steady increase in wages becomes the new rule in a country whe…
This strong wage growth follows an average increase of 5.10% in 2024 and 3.58% in 2023. An era change in the country of stagnation and deflation.
Coverage Details
Bias Distribution
- 100% of the sources lean Right
To view factuality data please Upgrade to Premium
