Earnings Slump for Japanese Workers in June on Timing of Bonuses
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Japanese workers felt the biggest drop in monthly earnings since 2009 in June because of changes in the timing of summer bonus payments.
Average earnings fell 2.4 percent compared with a year earlier, to 425,727 yen ($3,430), the labor ministry said on Tuesday. Regular wages, excluding bonuses and overtime, rose 0.4 percent, the fourth-straight month of gains.