Editorials Oct 13, 2018
Workers' wages have not increased as fast as they should in the face of the manpower supply shortage.
NEWSWORTHY
Business | YEN FOR LIVING Jul 13, 2018
Poverty in Japan: Underclass struggles to achieve upward mobility
by Philip Brasor and Masako Tsubuku
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 ...
National / Politics Jul 2, 2018
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 ...
Business Jun 15, 2018
Second jobs, once rare in Japan, are reshaping attitudes about work
by Tetsushi Kajimoto
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 ...
Business / Economy May 31, 2018
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 ...
Editorials May 18, 2018
The government needs to press ahead with structural reforms to create new homegrown avenues of growth.
Commentary / World Apr 15, 2018
The ethics of reducing wealth inequality
by Kaushik Basu
Addressing income and wealth disparities will require a careful balance between policies that ensure equality and policies that reward work and innovation.
Editorials Mar 24, 2018
Companies should share more of their earnings with employees as a strategic investment in manpower that supports their future business.
Business Feb 21, 2018
Facebook co-founder wants wealthy taxed to give U.S. citizens 'fair shot' at guaranteed income
A $500 monthly check from the government for every American earning less than $50,000, financed by taxing the wealthy, would provide financial stability for millions of people in the United States, said the co-founder of Facebook. Chris Hughes, who made billions after co-founding the social ...
Editorials Jan 25, 2018
It's time for Japanese businesses to ask whether the collective form of annual wage negotiations serve their interests as they face increasingly tough global competition.
Business Jan 23, 2018
Convenience store sales nationwide fell 0.3 percent in 2017 on a same-store basis to ¥9.47 trillion, due partly to intensified competition with other retailers, according to an industry body. The overall sales of eight major store operators declined despite a 1.5 percent increase in average ...
Business Jan 18, 2018
Japan has entered a new phase in its fight against deflation, but stronger wage growth and improved productivity are needed if the economy is to turn the corner, the Cabinet Office said in a report released Thursday. Describing wage growth as "modest" for most workers, ...