Pay rises in Japan, but real wages fall for 26th month

16 Jul 2024 22:36 | JHRS (Administrator)

Workers in Japan saw their cash earnings rise again in May, but real wages fell for the 26th month in a row as price hikes continued to outweigh nominal pay increases.

The labor ministry says inflation-adjusted wages were down 1.4 percent from a year earlier. That marked the longest period of decline since comparable data became available in 1991.

Source: https://www3.nhk.or.jp


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