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April 20, 2024
 

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WAGES

EDITORIALS
Jan 30, 2015
Higher wages can boost economy
The prospect of Japanese companies granting wage increases this spring appears mixed as the annual talks on wage hikes get under way between labor and management.
Japan Times
BUSINESS
Jan 26, 2015
Keidanren chief says annual wage hikes needed to revive economy
Japanese firms need to raise salaries in order to put the economy on a firmer footing, the head of the nation's top business lobby said on Monday before annual wage talks shift into full swing in February.
COMMENTARY / World
Jan 24, 2015
U.S. wages lagging and no one knows why
The U.S. unemployment rate has dropped from a peak of 10 percent in October 2009 to 5.6 percent at the end of 2014. Yet, hourly wage gains haven't accelerated. Economists are baffled.
Japan Times
BUSINESS
Jan 22, 2015
Improved 'competitiveness' key to wage hikes, labor chief says
Restoring industrial competitiveness is the key to fueling wage gains that the Abe government and the central bank are counting on to ensure inflation takes hold, according to labor minister Yasuhisa Shiozaki.
BUSINESS / Economy
Jan 21, 2015
Keidanren to back pay-scale hikes for second straight year
The nation's leading association of business leaders said Tuesday it will support pay-scale hikes by member companies in the upcoming annual wage talks, adopting the policy for the second straight year.
Japan Times
BUSINESS / Markets
Jan 15, 2015
BOJ says minimum 1% gain in base wage needed for recovery: sources
Bank of Japan officials figure that average base wage gains of 1 percent are needed in the coming fiscal year to sustain the economy's emergence from two decades of stagnation, say sources familiar with central bank's discussions.
BUSINESS
Jan 3, 2015
87% of big firms expect economy to expand in 2015
A survey of unspecified kinds of companies says many are optimistic that Japan's shrinking economy will post growth in 2015.
BUSINESS / Economy
Dec 18, 2014
Companies still hoarding cash despite pleas from Abe, Kuroda to spend
Two days after Prime Minister Shinzo Abe secured a pledge from Japan Inc. to do its best to boost wages to revive the world's third-biggest economy, data showed companies hoarding record amounts of cash.
Japan Times
JAPAN / Media / MEDIA MIX
Dec 13, 2014
Fight or flight: Narita's history of conflict
The recent increase in international flights in and out of Haneda Airport has clearly pleased Tokyo residents, who, since the late 1970s, have had to trek out to Narita International Airport in Chiba Prefecture when they wanted to go overseas.
BUSINESS / Economy
Dec 2, 2014
Inflation-adjusted wages continue falling
Wages for salaried workers adjusted for inflation dropped 2.8 percent in October, marking the 16th consecutive month of decline, government data showed Tuesday.
Japan Times
BUSINESS / Economy
Nov 25, 2014
BOJ chief watching impact of falling yen after additional easing
Bank of Japan Gov. Haruhiko Kuroda said Tuesday the central bank is closely watching the impact of the yen's sharp fall against other major currencies following the bank's additional monetary easing announced last month.
BUSINESS / Economy
Nov 7, 2014
U.S. jobless claims, wages data point to tightening market
The number of Americans filing new claims for unemployment benefits fell more than expected last week and compensation accelerated in the third quarter, in the latest signs of tightening labor market conditions.
BUSINESS / Economy
Sep 2, 2014
Average monthly wage rises by more than 2% first time in decade
Average monthly pay, including bonuses, rose 2.6 percent in July to ¥369,846 from a year earlier, marking a rise of 2 percent or more for the first time in a decade, the labor ministry said Tuesday.
BUSINESS / Economy
Aug 20, 2014
Skepticism over Abe's inflation goal grows as price gauge retreats
Traders are growing more skeptical Prime Minister Shinzo Abe will achieve his 2 percent inflation target after a sales tax increase derailed growth.
Japan Times
BUSINESS / Economy
Jul 31, 2014
June wages in Japan rose less than forecast in risk to spending
Wage growth slowed in June, highlighting the risk to consumer spending as inflation squeezes household budgets.
JAPAN / Society
Jul 11, 2014
Japanese firms near crisis point as labor shortage deepens
Japan's labour shortage is nearing crisis in some key industries as it spreads from construction to services, curbing companies' operations, pushing up wages and potentially crimping a tentative recovery in the world's third-largest economy.
BUSINESS / Economy
Jul 2, 2014
More small and midsize firms raising basic pay
Twenty-nine percent of small and medium-size enterprises have raised basic pay this business year, up from 11.4 percent last year, the government said Wednesday.
Japan Times
BUSINESS / Companies
Mar 27, 2014
SMBC ups pay for first time in 19 years
Sumitomo Mitsui Financial Group Inc.'s lending unit has agreed to raise salaries for the first time in 19 years as an economic recovery spurs profit at Japan's second-largest bank by market value.
Japan Times
BUSINESS / Companies
Mar 4, 2014
Panasonic employees' pay scales to be raised
Panasonic Corp. is planning to raise the pay scale for its employees at this spring's labor-management wage talks for the first time since 2008, sources said Tuesday.
BUSINESS / Companies
Mar 4, 2014
Union cites 'big gap' with Toyota in wage negotiations
Toyota Motor Corp. and its workers' union are far apart over wages and bonuses, the labor group's chairman said Tuesday.
No link to Nankai Trough quake seen after temblor in Shikoku
Satoshi Harada from the Meteorological Agency explains about the magnitude 6.6 earthquake during a news conference early Thursday.
Tehran signals no retaliation against Israel after drones attack Iran
A reported strike against Iran by Israel on Friday came against the backdrop of Iran's support for the Palestinian Hamas militant group, whose assault into Israel on Oct. 7 triggered Israel's invasion of Gaza.
In a first, Japan doctors sue Google over negative reviews on firm's map app
One of the lawyers representing a group of doctors suing Google told a news conference that the main purpose of the lawsuit is not to seek compensation but instead to raise awareness over various problems with the Google Maps system.
Former No. 1 Kento Momota retires from international badminton at 29
Badminton star Kento Momota leaves a news conference after announcing his retirement from Japan's national team, in Tokyo on Thursday.
Thousands evacuated as Indonesia volcano erupts
Indonesia's Mount Ruang spews hot lava and smoke as seen from Sitaro, North Sulawesi, on Wednesday.
'House of the Owl' brings Hollywood values to Japanese TV
In the new Disney+ series “House of the Owl,” Min Tanaka (left) plays a powerful political fixer, or “kuromaku,” who has a troubled relationship with his adult children, particularly his idealistic son, played by Mackenyu.
Benefits and risks: AUKUS looks to take gamble on Japan
U.S. President Joe Biden, Australian Prime Minister Anthony Albanese and British leader Rishi Sunak deliver remarks on the AUKUS partnership, after a trilateral meeting, at Naval Base Point Loma in San Diego in March last year.
Kyoto’s demon night parade lives to haunt another day
In a Kyoto long past, the "hyakki yagyō" (100 demon night parade) haunted a sleepy corner of Kyoto. Now, one enterprising monster enthusiast has won a small batttle to keep the march alive.
U.S. deploys midrange missile system in Indo-Pacific for first time
A U.S. Army Mid-Range Capability (MRC) Launcher arrives as part of the capability’s first deployment into theater on Northern Luzon, Philippines, April 8.
Unpacking the chaotic by-election in a scandal-hit Tokyo district
People listen to a campaign speech in Tokyo's Koto Ward on Tuesday.

Podcast

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