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(Kyodo) TOKYO (Kyodo) -- The government on Wednesday set a five-year goal of achieving annual inflation-adjusted wage growth of 1 percent across Japan through 60 trillion yen ($408 billion ...
TOKYO -- Japanese companies have raised wages by an average of 5.49% this year, little changed from 2024, as the pace of increases in manufacturing slows while other sectors catch up, a Nikkei ...
Using prefectural data, we study the potential impact on wage dynamics of the planned minimum wage increase policy in Japan. Our main result is that stepping up minimum wage growth from 2 to the ...
Dentsu Group’s earnings for the first quarter of 2025 reflect modest overall growth, driven primarily by strong performance in Japan, while all other regions reported negative organic growth. The ...
See also: Near-term upside for US and China, but long-term prospects remain uncertain From deflation to sustainable growth A defining shift in Japan’s economy is monetary. After decades of deflation, ...
The central ideological and political problem for the U.S. employer class after 1945 was how to accomplish the undoing of the ...
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The government will set a goal of reaching 1% annual gains in real wages by the fiscal year starting in April 2029, according to a policy draft by Prime Minister Shigeru Ishiba's new capitalism panel ...
Australia's central bank on Tuesday said inflation would be lower and unemployment higher due to the cascading effects of ...
The current wave of technological revolution is changing the way policies work. This paper examines the growth and distributional implications of three policies when “robot'' capital (a broad ...
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