Prime Minister Shinzo Abe's economic revival plan for Japan is entering a new phase, and all eyes are on the labor market. After a year of unprecedented monetary expansion, there are signs that growth, inflation and corporate profits are ticking up. Now the question is whether wages and consumption will follow. This is where Mr. Abe risks meeting his Waterloo if he doesn't pick up the pace of reform.

Source:http://online.wsj.com/