Japan's June real wages dip for first time in three months

/ Aug 4, 2017

Japan's June real wages dip for first time in three months

Japan's June real wages decreased 0.8 percent from a year before in the first fall in three months, labor ministry data showed Friday. Nominal wages including bonuses fell 0.4 percent to ¥429,686 ($3,880), the first drop in 13 months, the Health, Labor and Welfare Ministry ...

/ May 9, 2017

Nominal wages fall first time in 10 months

Nominal wages in March dipped 0.4 percent from a year before to ¥277,512 per worker for the first downturn in 10 months, the government said Tuesday. Average real, or inflation-adjusted, wages in March also dropped 0.8 percent after rising the previous month, the Health, Labor ...

OECD urges Japan to promote labor reforms amid 'muted' wage growth

Apr 13, 2017

OECD urges Japan to promote labor reforms amid 'muted' wage growth

The Organisation for Economic Co-operation and Development on Thursday called for Japan to promote labor reforms by imposing a binding cap on overtime work and removing obstacles to women's employment because its job market is tight. Wage growth remains "surprisingly muted" despite labor shortages, the ...

Corporate Japan stacks up cash, skimps on pay raises

/ Feb 22, 2017

Corporate Japan stacks up cash, skimps on pay raises

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With profits soaring, Japanese companies' record-breaking cash pile rises ever higher. That's bad news for the economy, which is relying on exports to sustain a modest recovery as consumers struggle with stagnant wages. The country's biggest economic problem is too much income flowing to companies, ...