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Japan Average Wages Rise - Nasdaq.com

Prime Minister Shinzo Abe hopes his economic revival plan, known as Abenomics, and sustained pay increases will eventually restore consumer confidence and reignite Japan's private consumption, putting Japan on a path of self- tapes sustaining economic growth. Mr. Abe pins great hopes on ongoing annual wage negotiations between large http://www.dailystrength.org/people/3006932/journal/12477393 employers and major labor unions for the coming business year. The conclusion of most wage talks will come around March 18. Last year, large unions and employers agreed on an average 0.4% increase in base wages--excluding bonuses and overtime--a very small gain but nonetheless the highest in 15 years, as Japan Inc. reported record earnings.
Read more: http://www.nasdaq.com/article/japan-average-wages-rise-20150302-01774

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