Nursery school teachers to get pay hike in 2017 budget

Dec 20, 2016

Nursery school teachers to get pay hike in 2017 budget

The government will earmark ¥54 billion in the fiscal 2017 budget to increase monthly pay for nursery teachers and improve their working conditions, officials said. The amount was set during negotiations on budget requests between Finance Minister Taro Aso and labor minister Yasuhisa Shiozaki. ...

Dec 6, 2016

Labor shortage is worst in least productive industries

Japan’s aging and shrinking population is causing labor shortages that should be helping workers win higher pay. But it’s not working out that way, in part because of low productivity in the areas of the greatest shortage, according to economists including Hideo Kumano at ...

Wages rise, hours fall for part-time workers

Nov 25, 2016

Wages rise, hours fall for part-time workers

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Over the last 10 years, Japan’s 14 million part-time workers cut their working hours by more than 6 percent. They now work about 4.5 hours a day. That’s a blow to a country that’s struggling with a declining population, and to a government seeking ...

Ex-BOJ exec urges focusing stimulus efforts on wages not bonds

Aug 18, 2016

Ex-BOJ exec urges focusing stimulus efforts on wages not bonds

The Bank of Japan should stop its record bond purchases because the policy has failed to spur consumer prices and instead focus with the government on a wage target, according to a former central banker. While BOJ Gov. Haruhiko Kuroda’s asset purchases and negative ...