Aug 15, 2014

64% of small firms to issue pay hikes this year: METI

A Ministry of Economy, Trade and Industry survey revealed Friday that 64.5 percent of the nation’s small companies have decided to raise pay this fiscal year, up from 56.8 percent the previous year. “The virtuous cycle of the economy is having a wider impact,” ...

Workers stumble while 'Abenomics' soars

Feb 3, 2014

Workers stumble while 'Abenomics' soars

by Jason Clenfield

Japanese stocks and profits are soaring under Prime Minister Shinzo Abe’s push to revive the economy. Even shop prices are up, a key step after years of deflation kept pocketbooks shut tight. None of that matters to Shuzo Matsui.

Workers hold May Day rally seeking higher pay, stability

May 2, 2013

Workers hold May Day rally seeking higher pay, stability

An estimated 21,000 workers gathered at a Tokyo park for a May Day demonstration Wednesday, calling for higher pay, stable employment and an end to nuclear power. “Pay raises will help Japan get out of deflation,” said Sakuji Daikoku, chairman of the National Confederation ...

Abe asks business leaders to raise wages to help beat chronic deflation

Feb 13, 2013

Abe asks business leaders to raise wages to help beat chronic deflation

Prime Minister Shinzo Abe asked business leaders Tuesday to raise wages in a rare move reflecting the administration’s resolve to accelerate the battle against chronic deflation. The request was made during talks between the new prime minister and executives of powerful business lobbies, including ...