Arrival of 'bad inflation' trend bodes ill for Japan's rebound
Price increases are prompting Japanese shoppers to buy less mayonnaise, showing the fragility of any economic rebound unless wages keep up with living costs. Production of the sauce fell 5.1 percent in the five months that ended on Nov. 30 from a year earlier, which ...
Abe gets Toyota, Hitachi help in push for wage gains
Prime Minister Shinzo Abe urged companies to increase wages faster than gains in the cost of living to break the legacy of 15 years of deflation, and praised Toyota Motor Corp. and Hitachi Ltd. for pledging to help. "What we want is for wages to ...
Salaries extended the longest tumble since 2010, increasing pressure on household finances as inflation begins to take root. Regular wages excluding overtime and bonuses fell 0.4 percent in October from a year earlier, a 17th straight monthly decline, according to labor ministry data released Tuesday. ...
Place university academics on an annual wage system
In academics as in other fields, traditional Japanese systems and practices are hampering the nation's globalization.
The head of Japan's most influential business lobby said Monday that he will urge member companies who are expecting business to improve to raise wages. Hiromasa Yonekura, chairman of Keidanren, also known as the Japan Business Federation, told a press conference that wage hikes could ...
Energy-driven inflation rate puts pressure on Abe to engineer wage hikes
Inflation accelerates to its fastest pace since 2008 on higher energy costs rather than real demand, pressuring Prime Minister Shinzo Abe to lobby harder for wage increases.
LDP readies measures to cushion tax hike
The ruling coalition on Friday agreed on certain parts of a ¥5 trillion stimulus package being readied to ease the impact of the planned sales tax hike, including handouts of up to ¥15,000 for lower income households. The package will be unveiled Tuesday, when Prime ...
Wage realities suggest that Bank of Japan Gov. Haruhiko Kuroda's positive assessment of the economy serves as a political boon for the Abe Cabinet.
The average Japanese husband's monthly allowance slumped to the lowest level since 1982 at the start of the financial year as workers await the dividends promised by "Abenomics." Salarymen's spending money, typically set by wives managing family budgets, was ¥38,457, down 3 percent from last ...
For the sake of Japan's future, the education ministry and others must work to raise the pay of researchers and professors at national universities.
