NEWSWORTHY
U.S. farmer income falls most since 2016 as Trump trade war losses mount
Personal income for farmers fell by the most in three years in the first quarter, as losses to U.S. agriculture mount from President Donald Trump's trade wars. The Commerce Department on Monday cited the steep decline in farm proprietors' income as a key factor weighing ...
Carlos Ghosn's unusual Nissan perk: $601,000 Stanford tuition fees for his kids
Nissan Motor Co. paid tuition for all four of ousted chairman Carlos Ghosn's children when they attended Stanford University between 2004 and 2015, according to people familiar with the matter. The perk was part of Ghosn's employment contract from 1999, when he was hired as ...
Japan's tax laws get in way of more women working full time
One of the key elements of the Abe administration's efforts to stimulate the economy is getting more women into the workforce. As it stands, Japan has one of the highest rates of working women in the developed world, so the problem is not so ...
How inequality hampers economic growth
With job and income polarization having increased across all developed economies, the unrest in France should serve as a wake-up call to others.
Workers' wages have not increased as fast as they should in the face of the manpower supply shortage.
Poverty in Japan: Underclass struggles to achieve upward mobility
Last month, Liberal Democratic Party Secretary-General Toshihiro Nikai said during an LDP gathering in Tokyo that people who opt not to have children are "selfish" given the country's demographic crisis. That remark received a lot of attention. However, much less was said about another comment ...
Japan's lawmakers' average income unchanged in 2017 at ¥24 million
Lawmakers' income averaged ¥24.12 million in 2017, unchanged from a year earlier, with the top three earning over ¥200 million each through stock sales, parliamentary data showed Monday. While Lower House members did not receive salaries during the dissolution of the Diet and general election ...
Second jobs, once rare in Japan, are reshaping attitudes about work
Kazuhiro Hasegawa has been driving a taxi in Tokyo for three years. It's a job he enjoys, despite 18-hour shifts. But recently, he said, it has not been enough to make ends meet. The ¥4.5 million to ¥4.8 million a year he makes from his primary ...
Gender inequality in the workplace could cost $160 trillion in lost earnings globally, a World Bank study showed Wednesday, as pressure to address the pay gap grows. That represents the difference between the combined lifetime income of everyone of working age in the world today ...
The government needs to press ahead with structural reforms to create new homegrown avenues of growth.
The ethics of reducing wealth inequality
Addressing income and wealth disparities will require a careful balance between policies that ensure equality and policies that reward work and innovation.
Companies should share more of their earnings with employees as a strategic investment in manpower that supports their future business.
