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 ...

Aug 3, 2016

Raising the minimum wage

Raising the minimum legal wage is just one of several steps the government must take to improve the lives of the nation's "working poor."

Aug 2, 2016

IMF backs labor, tax reforms to boost Abenomics

The government of Prime Minister Shinzo Abe should step up efforts to revamp the labor market, encourage businesses to raise wages and restore the nation’s debt-ridden finances through consumption tax increases as part of efforts to spur the flagging Abenomics policy mix, the International ...

Jul 8, 2016

Wages in Japan down for first time in 11 months

The average monthly wage among workers in Japan in May fell 0.2 percent from a year before to ¥267,933, down for the first time in 11 months, the Health, Labor and Welfare Ministry said Friday. The drop happened because the proportion of part-time workers ...