Japan's Largest Union Group to Announce Wage Demands

Reported about 12 hours ago

Japan's largest union federation, Rengo, will reveal its average wage demands as part of annual negotiations, with expectations for a minimum increase of 5% and higher targets for smaller companies. With increasing inflation and a cost-of-living crisis, the negotiations are crucial for the economy's recovery, especially as the government and the Bank of Japan monitor outcomes to ensure sustainable wage growth.

Source: YAHOO

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