Japanese workers' base pay saw the largest increase since 1994, reflecting this year's wage negotiations where some secured the biggest hikes in three decades. Market players remain cautious about the trend's strength.
When a Costco Wholesale warehouse opened in a Japanese town last year offering jobs at eye-popping pay, a nearby noodle shop chain hiked its hourly wages by a third. This is a sign that big foreign firms could spark a circle of higher pay in the country https://t.co/xySidujjIS https://t.co/jHeaoynU7C
'Japanese workers' base pay jumped by the largest margin since 1994 in a sign that corporate pledges to offer wage increases are starting to take effect, though market players appeared unconvinced over the strength of the trend.' https://t.co/aUMqKKhKij https://t.co/C7JxQwhj1x
new: Japanese workers’ base pay jumped by the largest margin since 1994. Today's data started to reflect the results of this year’s pay negotiations, where some workers secured the largest wage hikes in three decades. https://t.co/ThOcbSQEJr
*JAPAN APRIL CASH WAGES FROM SAME SAMPLE +1.7% Y/Y%; EST. +2.1% Time to start easing again
Japanese workers’ base pay jumped by the largest margin since 1994 in a sign that corporate pledges to offer the biggest wage increases in three decades are starting to take effect https://t.co/D2JwScszto