Minimum wages are going up. Jobs may disappear.
Past studies have found that higher pay doesn’t hurt employment over the short term. But new research shows that the effects over time could be more harmful.
Nearly 10% of Japan firms to add regular staff after minimum pay hike
The survey appears to show that more employers are deciding it's better to shift their labor force to nonfixed-term regular workers.
Labor ministry panel suggests hiking minimum wage by ¥27 to push Japan average above ¥900
The proposal marks the second consecutive year for a record increase, eclipsing the 2018 hike, and it could be the first time the wage exceeds the ¥900 mark.
Companies need to consider rising minimum wages not as a threat to their bottom lines but as an opportunity to secure the manpower they need and improve their productivity by making necessary investments.
Japan facing increased pressure to hike minimum wage, but business leaders give mixed response
Last month, Prime Minister Shinzo Abe's Council on Economic and Fiscal Policy recommended that the government draw up detailed measures to bring the nationwide average minimum wage up to ¥1,000 per hour as soon as possible. According to an article in the May 15 Asahi ...
14 U.S. states to see minimum wage hike in '16, bringing national hourly average to just over $9
As the United States marks more than six years without an increase in the federal minimum wage of $7.25 an hour, 14 states and several cities are moving forward with their own increases, with most set to start taking effect on Friday. California and Massachusetts ...
The Abe administration is on the right track in trying to raise the minimum wage — not only would it be of benefit to the working poor, but consumer spending would also grow.
Raising the minimum wage in each prefecture will help achieve broad-based pay increases, but could also cause difficulties for small and medium-size businesses.
The ¥16 hike in Japan's average minimum hourly wage to ¥780, which an advisory panel has recommended to the labor minister, fails to offset the rising costs of living and hardly strengthens the safety net for the growing ranks of irregular workers.
labor ministry advisory council recommends a 2 percent uptick in the minimum hourly wage to ¥763. But consumer price increases could offset the wage rise.
