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Japan: Larger wage increases in the last 34 years - News Bulletin 247

Summary by News Bulletin 247
Japanese companies have agreed to increase salaries by 5.25% this year, marking the largest salaries increase for 34 years, Rengo’s largest trade union organization said on Thursday, as inflation and labor shortages are increasing the pressure on continuous increases. The strong wage increase comes after an average increase of 5.10% last year and 3.58% last year, suggesting that the steady increase in wages becomes the new rule in a country whe…

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NHK World broke the news in Tokyo, Japan on Thursday, July 3, 2025.
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