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Wednesday, March 29, 2023

Fundamental: Will spring wage talks be the catalyst for Japan's economy?

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Alert Alert Mar 29, 2023, 11:00am
 
Fundamental: Will spring wage talks be the catalyst for Japan's economy?
Every spring, labour unions and management of major Japanese companies negotiate improvements in working conditions, such as higher wages and shorter working hours, at the shunto spring wage talks. This year, key unions and their employers reached a preliminary agreement to raise overall wages by 3.8% – the most since 1993, and noticeably more than the ...
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