The government will set a goal of reaching 1% annual gains in real wages by the fiscal ... stable and sustainable 2% inflation is in place. "Wage increases are at the very heart of our growth ...

TOKYO: The Bank of Japan (BoJ) is likely to be encouraged by stronger annual wage negotiation results that ... it would mark the steepest gain since 1992. Initial results from Rengo are due ...

(Kyodo) TOKYO (Kyodo) -- The government on Wednesday set a five-year goal of achieving annual inflation-adjusted wage growth of 1 percent across Japan through 60 trillion yen ($408 billion ...

But wage gains have been far from substantial. To accelerate Japan’s economic recovery from the damage inflicted by the new coronavirus pandemic, it is vital to secure as many pay increases as ...

Using prefectural data, 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 ...

Japan’s labor market remained largely tight in March, supporting momentum for wage hikes, while uncertainties over the global trade war continue to darken the outlook. The jobless rate ticked up ...

The Japanese government is likely to establish 1% growth in real wages as its first-ever official target for pay increases, a ...