Jobs
Japan Labor Ministry Proposes Record Increase in Minimum Wage
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Japan’s labor ministry is proposing a record increase in the minimum hourly pay that will push the rate to above 1,000 yen ($7.08) for the first time and help low-income households tackle inflation.
An advisory panel at the ministry is seeking a boost in the national average of 41 yen, or 4.3%, to 1,002 yen for this fiscal year, according to a statement on Friday. If realized, that will be a record hike both in absolute and percentage figures since the government began using hourly pay as the benchmark in 2002.