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May 03, 2024
 

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WAGES

Japan Times
BUSINESS / Economy
May 16, 2018
Japan's economy shrinks in first quarter of 2018 after two-year run of growth
The economy shrank by 0.2 percent in the first three months of 2018, snapping a run of two years of positive growth, according to the Cabinet Office.
Japan Times
BUSINESS / Economy
May 8, 2018
Japan's March household spending slumps, suggesting economy slowed in first quarter
Household spending fell 0.7 percent in March from a year earlier to mark the second straight month of decline, underscoring the view the economy suffered a temporary lull in the first quarter as bad weather hurt consumption.
BUSINESS
Apr 25, 2018
Keidanren reports major firms raised wages by 2.54%, still short of Abe's 3% goal
Major companies increased wages in this year's spring negotiations by an average 2.54 percent, falling short of Prime Minister Shinzo Abe's 3 percent goal, the nation's largest business lobby said Wednesday.
BUSINESS / Economy
Apr 6, 2018
Japan's long growth run faces turning point as wages and spending fall
Japan's longest run of economic expansion since the 1980s asset bubble may be entering a turning point, with data out on Friday suggesting consumption will fail to drive growth if trade frictions undermine exports.
Japan Times
JAPAN
Apr 6, 2018
Aichi day care worker's apology for getting pregnant highlights labor crunch in female-dominated sectors
A man's claim that his wife, who worked at a day care center in Aichi Prefecture, was forced to apologize to her employer for getting pregnant ahead of senior coworkers, has highlighted how the labor crunch in female-dominated sectors can affect operators.
Japan Times
BUSINESS / Economy
Mar 18, 2018
Achieving inflation target only possible if nation's elderly remain employed, expert says
If the Bank of Japan wants to reach its 2 percent inflation target, policymakers may find more success in helping the typical grandparent remain employed rather than simply pumping monetary stimulus into the economy, according to economist Naoyuki Yoshino, who heads a government-affiliated think tank.
Japan Times
BUSINESS
Mar 14, 2018
Japan's big firms to raise wages, but figures fall short of Abe's 3% target
Big Japanese companies agreed Wednesday to raise wages for a fifth year, but many are expected to fall short of meeting Prime Minister Shinzo Abe's 3 percent goal, adding to doubts the central bank will be able to hit its consumer price target.
Japan Times
BUSINESS / Companies
Mar 7, 2018
Why isn't Toyota boosting Japan's inflation? A crisis nearly seven decades ago may be the key
At a New Year's party, Prime Minister Shinzo Abe made a plea to business leaders: Raise wages by 3 percent to support Japan's economy. The request was met with a polite silence. "Let me take that as no objection," the prime minister said.
Japan Times
BUSINESS
Mar 6, 2018
Convenience-store squeeze shows deflationary dilemma facing Bank of Japan
Takanori Sakai works the graveyard shift four nights a week at the FamilyMart store he owns in Himeji, Hyogo Prefecture, because he can't afford the higher pay employees demand these days.
Japan Times
BUSINESS / Economy
Mar 2, 2018
Japan's jobless rate falls to 24-year low of 2.4% in January
Japan's unemployment rate fell to 2.4 percent in January, the lowest in over 24 years, and job availability remained at a four-decade high, government data showed Friday.
Japan Times
BUSINESS
Feb 26, 2018
Competition for new college graduates pushes up pay at Japan's securities firms
Major brokerages are set to raise pay for newly hired college graduates this year as competition for talent intensifies, amid a rebound in retail business and a chronic labor shortage.
Japan Times
BUSINESS
Feb 21, 2018
Walmart's bruising battle with Amazon saps its 4Q results
Walmart is getting bruised in its battle with online leader Amazon.
Japan Times
BUSINESS
Feb 20, 2018
Over half of Japan firms have no plans to raise base pay this year
More than half of Japan's companies do not plan to raise base pay in annual wage talks in coming months, a setback for Prime Minister Shinzo Abe and Keidanren, who have called for wage rises of 3 percent to fuel an economic revival.
Japan Times
BUSINESS / Economy / ANALYSIS
Feb 16, 2018
Tax incentive tweak to raise Japan's wages expected to have limited appeal
On the surface, it looks like an attractive deal: Raise your workers' pay by 3 percent and your company qualifies for a substantial tax break.
BUSINESS
Feb 14, 2018
Japan's automaker labor unions seek pay increases in annual wage talks
Annual spring wage negotiations entered full swing Wednesday as unions from the country's major automakers submitted their requests to management.
Japan Times
BUSINESS / Economy / FOCUS
Feb 14, 2018
Despite growth run, Abenomics still clouded by uncertainty
Despite the longest growth run in nearly three decades, Japan's economic outlook remains far from robust as uncertainty abounds over wage growth and business investment.
EDITORIALS
Feb 12, 2018
Job security for irregular workers
Businesses should stop viewing irregular workers as disposable assets.
BUSINESS
Feb 9, 2018
Japan's business execs paid less than regional counterparts, study says
Japanese executives receive lower pay than their counterparts in other parts of Asia and those seeking to change jobs increasingly cite money as their main motivation, according to studies by a recruitment firm.
BUSINESS
Jan 17, 2018
Japan firms in Thailand plan to raise wages by 4.4% on average this year
Japanese companies operating in Thailand are considering raising wages by an average 4.4 percent this year, according to an annual survey by NNA.
BUSINESS
Jan 17, 2018
Japan's largest business lobby seeks 3% pay hike in response to 'social demands'
Keidanren, Japan's most powerful business lobby, has renewed its call on member companies to implement a 3 percent pay hike ahead of annual labor-management wage talks, saying the increase is needed in response to "social demands."
Weak yen fattens tourist wallets in Japan
People visit the Ameya Yokocho market in Tokyo's Ueno district during the Golden Week holiday on Tuesday.
Biden calls ally Japan ‘xenophobic’ along with rivals China and Russia
U.S. President Joe Biden speaks in Syracuse, New York, on April 25.
Number of vacant homes in Japan hits record high of 9 million
A vacant house in Tokyo is seen demolished in January 2020.
Harajuku strives to reclaim its former glory — and surpass it
Laforet Harajuku, which celebrated its 45th anniversary last year, has been a witness to the district's evolution over the years.
Saudi Arabia steps up Gaza-related arrests as Israel ties edge closer
The arrests for Gaza-related posts indicate Crown Prince Mohammed bin Salman’s regime will take a hard line against citizens not toeing the line when it comes to normalizing ties with Israel.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Yellow sand allergy: A health issue made worse by climate change
A screenshot of the Meteorological Agency's satellite image of clouds and yellow sand (in pink) on Sunday.
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.

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