Ministry panel recommends 4.9% minimum wage boost, supporting BOJ rate hike path
The increase would lift pay for more than 50 million workers and add pressure on the Bank of Japan’s rate outlook, officials said.
6 Articles
6 Articles
The Japanese government has set this year's hourly minimum wage at 1,176 yen (10,500 won), a 4.9% increase from the previous year. In a press release on the 28th, the Japanese Ministry of Health, Labour and Welfare stated that the Central Minimum Wage Council (Central Council), following six deliberations since the 26th of last month, [set] this year's nationwide
(Tokyo=Yonhap News) Correspondent Cho Seong-mi = Japan's minimum wage has once again fallen below that of South Korea due to a slowdown in wage hikes and the weakening yen.
Japan hikes FY2026 average minimum wage guideline by 4.9% to 1,176 yen
An advisory panel to Japan's labor ministry decided Tuesday to raise the minimum wage guideline for fiscal 2026 by a nationwide average of 55 yen (34 cents), or 4.9 percent, to 1,176 yen per hour, amid rising living costs.
Japan Signals Steady Minimum Wage Gains, Backing BOJ's Hike Path
Japan aims to keep minimum wages rising steadily, signaling income growth across a broad spectrum of the economy remains resilient as the Bank of Japan seeks evidence that pay gains are supporting domestic demand.
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