Japan’s wages grow most since 1997, keeping BOJ on rate-hike path
Japanese workers’ nominal wages have risen at the fastest pace in nearly three decades on the back of…
Wage growth can’t compete with inflation right now
The August jobs report from the Bureau of Labor Statistics Friday morning had some bright spots, but wages…
Japan’s households continue to cut spending amid persistent inflation
Japan’s household spending has unexpectedly fallen for a seventh month even as real wages continued to increase, reflecting…
Japan’s nominal wages rise again, backing BOJ rate hike case
Japanese wage growth remained firm in June on the back of solid corporate earnings and a tight labor…
Japan trims economic outlook as elevated oil prices weigh on growth
Japan has lowered its economic growth forecast for the current fiscal year, reflecting expectations that higher oil prices…
A Smaller Labor Force Means a Smaller Economy
In 2024, the U.S. fertility rate reached a new low of 1.6. Net immigration started declining rapidly that…
Japan’s appeal to foreign workers falls on low wages and weak yen
Japan immigration Survey shows 83.7% interested in working outside country, with South Korea top choice A Vietnamese technical…
Japan’s nominal wages top 3% again in longest streak since 1992
Japanese wages climbed again in May, comfortably outpacing inflation and reinforcing the Bank of Japan’s stance toward raising…
Japan’s 2026 wage talks result in third year of gains above 5%
Japan’s annual wage negotiations concluded with average pay gains topping 5% for a third year, underscoring the economy’s…
Government signals flexibility on ¥1,500 minimum wage target
Prime Minister Sanae Takaichi has signaled that the minimum wage in Japan might rise more slowly than previously…
Balearic economy showing signs of slowing down but is holding up well in the face of instability
The Balearic economy grew by 2.7% in the first quarter, a slowdown of two tenths of a percentage…
Japan mulls delaying minimum wage hike
The government is considering delaying its goal of raising the country’s average minimum hourly wages to ¥1,500 (about…