Japanese Prime Minister Fumio Kishida is intensifying his push for wage increases as he meets with union and business leaders amid the annual spring wage negotiations. Nikkei reports that think tanks suggest Japan's pay needs to grow by 3.6% to outpace inflation. The Japan Business Lobby Keidanren's chief has expressed an aim for wage hikes that exceed inflation during labor talks. Concurrently, Japanese firms and unions have commenced wage discussions, with market expectations leaning towards significant pay raises. Union leaders in Japan are also escalating their efforts to secure substantial wage growth for workers.
Japanese union leaders step up their campaign to persuade companies for ambitious wage increases https://t.co/jf0R6pUJ0O
Japanese firms, unions kick off wage talks as markets bet on bigger pay hikes https://t.co/qprBldZYIF https://t.co/rh3ks2m7Gq
Japan Business Lobby Keidanren Chief: Aiming For Wage Hikes That Outpace Inflation In Labour Talks
Japan's Pay Needs To Grow 3.6% To Outpace Inflation, Think Tanks Say - Nikkei https://t.co/LCaNTowqJd
Japanese PM Fumio Kishida steps up his efforts to encourage companies to hike pay, meeting with union and business leaders as annual spring wage negotiations kick into high gear https://t.co/0Fjf4YLih8