Boost wages to beat deflation: Rengo leader

Jan 31, 2013

Boost wages to beat deflation: Rengo leader

Japanese Trade Union Confederation (Rengo) President Nobuaki Koga said it is necessary for companies to raise employee wages to help the country out of deflation. “Wage deflation is a major factor that leaves the country in prolonged deflation,” Koga said Tuesday. Rengo hopes to ...