Japan’s political parties are promising to raise the minimum wage, a step that may win votes in Sunday’s general election but could squeeze the small and midsize firms that form the backbone ...
In fiscal 2025, nominal wages are projected to increase 2.8% from the previous year, while the overall consumer price index ...
A record-high increase in Japan's minimum wage proposed last week has been welcomed by some workers but others expected more, and employers worry over more expenses. The raise of 50 yen ...
Bank of Japan Governor Kazuo Ueda said on Monday the central bank will raise interest rates further if the economy continues ...
I’m afraid Kanegon must work really hard to feed himself properly. The government is poised to raise Japan’s minimum wage by a uniform 50 yen across the nation--the highest on record--to bring ...
A Japanese labor ministry advisory body is set to announce its recommendation for a revised minimum wage. The question is whether the nationwide average will hit 1,000 yen, or about 7 dollars ...
This paper surveys theoretical and empirical research on the effects of minimum wages in Japan and overseas and provides some implication for Japan's minimum wage policy. The debate over the minimum ...