Tag - wages

 
 

WAGES

Japan Times
BUSINESS
Mar 29, 2019
Japan's jobless rate in February fell to 2.3%, lowest in nine months
The unemployment rate fell to 2.3 percent in February, the lowest in nine months, as women who quit jobs to look for better work the previous month landed positions amid the tightest labor market in decades, government data showed Friday.
Japan Times
BUSINESS
Mar 13, 2019
Big Japanese firms offer smaller wage hikes as economy wobbles
Big firms offered smaller pay increases at annual wage talks Wednesday as the economy sputters, tempering hopes that domestic consumption will offset external risks to growth.
Japan Times
BUSINESS
Mar 11, 2019
Japan's workforce can expect smaller raises this year as companies push back against Abe
Japan Inc. is pushing back after years of pressure to give bigger pay raises that has been a key part of Prime Minister Shinzo Abe's campaign to restore stable economic growth.
Japan Times
JAPAN
Mar 7, 2019
No Japan-wide minimum wage planned to tackle urban-rural gap ahead of foreign influx, says Suga
Earlier in the day, labor ministry officials had explained the idea to ruling lawmakers, but Suga said the ministry isn't considering the move currently.
Japan Times
JAPAN
Feb 27, 2019
No systematic cover-up of faulty jobs data at labor ministry, investigative panel says
A panel probing faulty jobs data denied there was a systematic cover-up at the labor ministry, saying top bureaucrats had been unaware monthly labor surveys were “conducted improperly.”
Japan Times
BUSINESS
Feb 13, 2019
Japan's auto labor unions submit requests, kicking off annual spring wage talks
Annual spring wage negotiations got into full swing Wednesday as labor unions from Japan's major automakers submitted their requests to management amid an uncertain global economic outlook.
Japan Times
JAPAN
Feb 8, 2019
Japan's opposition parties lay into ministry officials for extensive role in wage scandal probe
Lawmakers question the neutrality of the government's special “independent” probe into the wage data scandal after learning that bureaucrats, not outside experts, interviewed 25 of the 37 officials involved.
Japan Times
BUSINESS
Feb 5, 2019
White House's Kevin Hassett says wage growth will exceed 4% this year
President Donald Trump's chief economist predicted wage growth in the U.S. will accelerate past 4 percent this year amid a strong labor market, more capital investment and rising productivity.
Japan Times
JAPAN / Politics
Jan 27, 2019
Cabinet to keep Diet bills to a minimum with apparent eye on July Upper House election
Facing a critical Upper House election this summer, Prime Minister Shinzo Abe appears to be laying the groundwork for a controversy-free five-month Diet session, which starts Monday.
Japan Times
BUSINESS
Jan 23, 2019
Striking teachers reach deal with Los Angeles school district
A week-old strike by more than 30,000 Los Angeles teachers that has disrupted classes for nearly half a million students neared an end on Tuesday as the teachers' union and the second-largest U.S. school district reached a contract deal.
Japan Times
BUSINESS / Economy
Jan 15, 2019
Maduro offers few fresh ideas as Venezuela's economy circles the drain amid seven-digit inflation
Venezuelan President Nicolas Maduro kicked off his new term with a state-of-the-nation speech on Monday but offered little in the way of fresh proposals to help the increasingly isolated country escape hyperinflationary collapse or a further downward spiral in 2019.
Japan Times
BUSINESS
Jan 10, 2019
Federation of Japan auto labor unions won't seek unified base pay hike
A group of Japanese automobile workers' unions decided Thursday that each union should set a specific monthly payment target for the annual labor-management wage talks this spring, instead of seeking a unified base pay rise as it has done in recent years.
Japan Times
COMMENTARY / Japan
Dec 31, 2018
Japan in 2019: 10 surprises
The outlook for Japan in 2019 is bright.
Japan Times
BUSINESS
Dec 26, 2018
Abe urges wage increase for Japan's workforce in effort to spur consumption before tax hike
Prime Minister Shinzo Abe on Wednesday asked business leaders to raise wages to spur consumption and mitigate the impact of next October's planned sales tax hike, the sixth consecutive year he has requested such an increase.
Japan Times
BUSINESS / Companies
Dec 20, 2018
Renault and Nissan execs sought other ways to pay Carlos Ghosn, documents show
Executives from both carmakers in the Renault-Nissan alliance looked at least twice at legal ways to pay Chairman Carlos Ghosn undisclosed income through the partners' shared finances, documents seen by Reuters show.
Japan Times
BUSINESS
Dec 18, 2018
Airbus to boost some pay as Macron urges French firms to ease cost of living crisis
Europe's Airbus is ready to pay a special bonus to its lowest-paid workers after French President Emmanuel Macron called on French companies to help tackle weeks of protests about the cost of living, according to a staff memo.
Japan Times
BUSINESS
Dec 10, 2018
Holiday disruptions loom as German rail workers seen preparing to go on strike from Monday
Germany's EVG railway workers' union will start strikes on Monday that will hit local, regional and long-distance trains nationwide after wage talks with rail operator Deutsche Bahn broke down, two union sources said on Sunday.
Japan Times
BUSINESS / Economy
Nov 22, 2018
Japan's inflation held steady at 1.0% in October, but could wane in coming months
Japan's underlying inflation rate held steady at 1.0 percent in October, government data showed Thursday, though a recent fall in global oil prices could weaken momentum.
Japan Times
BUSINESS
Nov 2, 2018
U.S. job growth jumps; annual wage gain biggest since 2009
U.S. job growth rebounded sharply in October and wages recorded their largest annual gain in 9½ years, pointing to further labor market tightening that could encourage the Federal Reserve to raise interest rates again in December.
BUSINESS
Aug 7, 2018
New York sues Trump administration for records on labor-law rollback
New York is suing the Trump administration to get information about a new program the state says may let employers go unpunished by the federal government for violating labor laws.

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