Japan's Largest Union Demands Highest Wage Increase in Over 30 Years

Reported 3 days ago

Japan's largest labor union group, Rengo, is calling for an average wage hike of 6.09%, the highest request in over three decades, as they aim to bridge the income gap between workers in small and large firms. This trend aligns with government and central bank efforts to promote sustainable wage growth to bolster the economy, following recent agreements for substantial wage increases in prior years.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis