Major Japan Firms Agree To Big Wage Hikes Amid Labor Shortages
Allwork
MARCH 12, 2025
As annual “shunto” or “spring labour offensive” negotiations at top firms concluded on Wednesday, electronics conglomerate Hitachi said it had agreed to a record 6.2% ” In January, the consumer inflation rate used to calculate real wages, which includes fresh food items but not rent costs, rose to 4.7%
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