Tag - wages

 
 

WAGES

ASIA PACIFIC
Mar 18, 2015
South Korean factory workers protest wage rise for North Korean colleagues
South Koreans working in a North Korean industrial complex have protested Wednesday following a decision to award their North Korean colleagues a wage increase.
BUSINESS / Economy
Mar 17, 2015
BOJ must adopt pay goal as deflation looms, price professor says
The Bank of Japan must take the unusual step of preventing a return to deflation, according to a professor at the University of Tokyo who tracks prices.
BUSINESS / Economy
Mar 5, 2015
Growth in Japan uneven, tied to population size: poll
Despite Prime Minister Shinzo Abe's focus on revitalizing regional economies, growth remains uneven across Japan — with the pace of recovery slow the past year in municipalities with smaller populations, a Kyodo News survey showed Wednesday.
BUSINESS / Economy
Mar 4, 2015
Workers getting smaller share of corporate earnings despite record profits
Millions of workers are taking home their smallest share of corporate income in two decades as companies build record cash hoards and fail to give the substantial wage raises that Prime Minister Shinzo Abe sees as critical to a durable economic recovery.
Japan Times
BUSINESS / Companies
Feb 26, 2015
Toyota likely to agree to bigger wage hike than last year
Toyota Motor Corp. will likely agree to a base-wage hike that will top last year's raise of ¥2,700 per month, sources close to the matter said, as the carmaker began annual pay talks with its labor unions.
BUSINESS / Economy
Feb 18, 2015
Big firms face pay-hike calls as 'shunto' labor talks begin
Large firms kicked off their annual wage talks Wednesday, with labor unions demanding a pay-scale hike amid Prime Minister Shinzo Abe's repeated calls for an increase in salaries that would help boost consumption and shore up the economy.
Japan Times
BUSINESS / Economy
Feb 4, 2015
Families hit as inflation outruns wage rises
Increases in the cost of living outpaced annual earnings that rose for the first time in four years in 2014 as the Abe administration sought to reflate the economy.
EDITORIALS
Jan 30, 2015
Higher wages can boost economy
The prospect of Japanese companies granting wage increases this spring appears mixed as the annual talks on wage hikes get under way between labor and management.
Japan Times
BUSINESS
Jan 26, 2015
Keidanren chief says annual wage hikes needed to revive economy
Japanese firms need to raise salaries in order to put the economy on a firmer footing, the head of the nation's top business lobby said on Monday before annual wage talks shift into full swing in February.
COMMENTARY / World
Jan 24, 2015
U.S. wages lagging and no one knows why
The U.S. unemployment rate has dropped from a peak of 10 percent in October 2009 to 5.6 percent at the end of 2014. Yet, hourly wage gains haven't accelerated. Economists are baffled.
Japan Times
BUSINESS
Jan 22, 2015
Improved 'competitiveness' key to wage hikes, labor chief says
Restoring industrial competitiveness is the key to fueling wage gains that the Abe government and the central bank are counting on to ensure inflation takes hold, according to labor minister Yasuhisa Shiozaki.
BUSINESS / Economy
Jan 21, 2015
Keidanren to back pay-scale hikes for second straight year
The nation's leading association of business leaders said Tuesday it will support pay-scale hikes by member companies in the upcoming annual wage talks, adopting the policy for the second straight year.
Japan Times
BUSINESS / Markets
Jan 15, 2015
BOJ says minimum 1% gain in base wage needed for recovery: sources
Bank of Japan officials figure that average base wage gains of 1 percent are needed in the coming fiscal year to sustain the economy's emergence from two decades of stagnation, say sources familiar with central bank's discussions.
BUSINESS
Jan 3, 2015
87% of big firms expect economy to expand in 2015
A survey of unspecified kinds of companies says many are optimistic that Japan's shrinking economy will post growth in 2015.
BUSINESS / Economy
Dec 18, 2014
Companies still hoarding cash despite pleas from Abe, Kuroda to spend
Two days after Prime Minister Shinzo Abe secured a pledge from Japan Inc. to do its best to boost wages to revive the world's third-biggest economy, data showed companies hoarding record amounts of cash.
Japan Times
JAPAN / Media / MEDIA MIX
Dec 13, 2014
Fight or flight: Narita's history of conflict
The recent increase in international flights in and out of Haneda Airport has clearly pleased Tokyo residents, who, since the late 1970s, have had to trek out to Narita International Airport in Chiba Prefecture when they wanted to go overseas.
BUSINESS / Economy
Dec 2, 2014
Inflation-adjusted wages continue falling
Wages for salaried workers adjusted for inflation dropped 2.8 percent in October, marking the 16th consecutive month of decline, government data showed Tuesday.
Japan Times
BUSINESS / Economy
Nov 25, 2014
BOJ chief watching impact of falling yen after additional easing
Bank of Japan Gov. Haruhiko Kuroda said Tuesday the central bank is closely watching the impact of the yen's sharp fall against other major currencies following the bank's additional monetary easing announced last month.
BUSINESS / Economy
Nov 7, 2014
U.S. jobless claims, wages data point to tightening market
The number of Americans filing new claims for unemployment benefits fell more than expected last week and compensation accelerated in the third quarter, in the latest signs of tightening labor market conditions.
BUSINESS / Economy
Sep 2, 2014
Average monthly wage rises by more than 2% first time in decade
Average monthly pay, including bonuses, rose 2.6 percent in July to ¥369,846 from a year earlier, marking a rise of 2 percent or more for the first time in a decade, the labor ministry said Tuesday.

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