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Why won’t my wages go up?

15 4 7

Keio University Prof. Souichi Ohta spoke with The Yomiuri Shimbun about recent wage negotiations and the Japanese labor market. The following is an excerpt from the interview.  

The Yomiuri Shimbun: Why aren’t wages rising sufficiently?

Ohta: In this year’s shunto annual wage negotiations between labor and management, the government asked the business community for a 3 percent wage increase. Some companies said they would grant 3 percent hikes on March 14, the day for responding to demands. Yet amid the growing labor shortage and recovery in........

© The Japan News