Wages in Japan rose only 10 percent in nominal terms between 1991 and 2020, trailing well behind the pay increases in other industrialized countries, according to labor ministry calculations.

A meaningful and sustainable rise in wages is a key goal for Prime Minister Fumio Kishida, while the Bank of Japan says it’s a crucial factor for normalizing monetary policy. Real wages ...

Japan has been struggling to cope with a combination of anaemic economic growth and a shrinking population for over 30 years. 2025 marks the tipping point when the rising costs outstrip the country's ...

and discusses practical problems in applying wage targets and monitoring real wage developments. A key policy conclusion is that because the accuracy of real wage targets is inevitably suspect, ...

Established under the Bank of Japan Act in 1882, it is a juridical entity and neither a government agency nor a private corporation. The BoJ sets monetary policy in the country. Its mandate is to ...

HANOI, Vietnam (AP) — Around 280 Bangladeshi migrant workers in Malaysia are demanding hundreds of thousands of dollars in back wages and other ... supplier to big Japanese companies, closed ...

ANALYSIS: Before the election, Labor promised policies to lift the declining birthrate, but there is little evidence they will actually work.

24, 2025. (AP Photo/Azneal Ishak). HANOI, Vietnam (AP) — Around 280 Bangladeshi migrant workers in Malaysia are demanding hundreds of thousands of dollars in back wages and other money owed to them ...

2020, Paper: "In this study, we analyze the impacts of minimum wages on firms’ robot adoption using novel panel data related to robots imported by firms in China from 2001 to 2012, a period when most ...