TOKYO, Oct 09 (Information On Japan) –
Reflecting latest value fluctuations, actual wages in Japan decreased for the primary time in three months. In keeping with latest knowledge from the Ministry of Well being, Labor, and Welfare, the overall money earnings per employee in August, together with base wage, extra time pay, and bonuses, was 296,588 yen.
Amongst this, “scheduled earnings,” which refers to base wage, rose by 3.0% from the identical month final yr, representing the best progress price in 31 years and 10 months.
Nevertheless, actual wages, which account for value fluctuations, fell by 0.6% in comparison with the identical month final yr, turning damaging for the primary time in three months.
The Ministry commented, “Whereas the figures in June and July have been boosted by bonuses, and base salaries have been rising, they haven’t saved tempo with rising costs.”
Supply: TBS