This year’s winter bonuses at large companies in Japan averaged ¥1,004,841, topping ¥1 million for the first time since comparable data became available in 1981, a survey showed. https://www.japantimes.co.jp/business/2025/12/25/companies/japan-big-firms-winter-bonus/?utm_medium=Social&utm_source=mastodon #business #companies #wages #japaneseeconomy #surveys #keidanren

The Bank of Japan should take a cautious approach to raising interest rates as the government pulls out all the stops to energize the economy, according to a former board member. https://www.japantimes.co.jp/business/2025/12/25/economy/boj-cautious-rate-hikes/?utm_medium=Social&utm_source=mastodon #business #economy #boj #japaneseeconomy #yutakaharada #inflation #wages

Finance Minister Satsuki Katayama and health minister Kenichiro Ueno have agreed to raise medical service fees by 2.22% in fiscal 2026, the first increase in 12 years. https://www.japantimes.co.jp/news/2025/12/24/japan/medical-service-fees-agreement/?utm_medium=Social&utm_source=mastodon #japan #hospitals #inflation #health #wages

The government has decided to move up a planned overhaul of the pay structure for Self-Defense Forces personnel, to a year earlier than scheduled, as it seeks to address chronic staffing shortages. https://www.japantimes.co.jp/news/2025/12/23/japan/society/japan-sdf-pay-scale-overhaul/?utm_medium=Social&utm_source=mastodon #japan #society #sdf #defenseministry #wages

Uniqlo owner Fast Retailing will raise base salaries for new graduates in Japan by as much as 12%, stepping up efforts to secure and retain talent as the country’s workers grapple with inflation. https://www.japantimes.co.jp/business/2025/12/22/companies/japan-uniqlo-operator-pay-hike/?utm_medium=Social&utm_source=mastodon #business #companies #uniqlo #fastretailing #wages #inflation

The Bank of Japan’s anticipated rate hike on Friday could weigh on companies’ ability to raise wages in the coming fiscal year, says the head of Japan’s auto workers union. https://www.japantimes.co.jp/business/2025/12/17/companies/japan-auto-union-chair-wages/?utm_medium=Social&utm_source=mastodon #business #companies #carmakers #wages #boj #ratehike #kazuoueda #confederationofjapanautomobileworkersunions #akihirokaneko

Japan’s car industry union will seek a slightly more ambitious wage hike goal in the upcoming round of negotiations compared with the previous year as the Bank of Japan tracks pay trends in the U.S. tariffs-hit sector. https://www.japantimes.co.jp/business/2025/12/12/companies/auto-union-wage-gain/?utm_medium=Social&utm_source=mastodon #business #companies #boj #kazuoueda #carmakers #us #tariffs #wages #toyota #nissan #honda #unions

Japan’s economy shrank in the three months through September, the government confirmed, giving some justification for Prime Minister Sanae Takaichi’s stimulus package. https://www.japantimes.co.jp/business/2025/12/08/economy/japan-revised-gdp-july-september-down/?utm_medium=Social&utm_source=mastodon #business #economy #economicindicators #gdp #japaneseeconomy #wages #inflation #boj #sanaetakaichi

A federation of labor unions in Japan’s machinery and metal sectors said Thursday that it would request a pay scale hike of at least ¥17,000 per month in next year’s spring labor-management negotiations. https://www.japantimes.co.jp/business/2025/12/04/companies/japan-unions-wake-hike-demand/?utm_medium=Social&utm_source=mastodon #business #companies #shunto #wages #unions

The Japanese Trade Union Confederation, or Rengo, adopted a plan to demand a pay increase of 5% or more in annual spring wage negotiations next year. https://www.japantimes.co.jp/business/2025/11/28/economy/rengo-wage-hike-shunto/?utm_medium=Social&utm_source=mastodon #business #economy #rengo #wages #shunto #inflation #japaneseeconomy #jobs #unions

A body for labor unions in the automotive, electronics and other industries announced a policy for its member unions to ask for a pay scale hike of at least ¥12,000 per month in next year's wage negotiations. https://www.japantimes.co.jp/business/2025/11/27/economy/jcm-shunto-pay-hike/?utm_medium=Social&utm_source=mastodon #business #economy #shunto #wages #us #tariffs #manufacturing #metals

The profit margin at general hospitals in Japan, excluding psychiatric institutions, stood at minus 7.3% on average in fiscal 2024, a 0.2 percentage point improvement. https://www.japantimes.co.jp/news/2025/11/26/japan/general-hospitals-in-red/?utm_medium=Social&utm_source=mastodon #japan #hospitals #doctors #wages #mhlw #surveys

The leader of Japan’s largest labor union group urged Prime Minister Sanae Takaichi’s government to do more to fight inflation to help ensure that workers’ wage gains outpace increases in the costs of living. https://www.japantimes.co.jp/business/2025/11/25/economy/rengo-interview/?utm_medium=Social&utm_source=mastodon #business #economy #sanaetakaichi #reno #unions #wages #tomokoyoshino

Early signs regarding Japan's annual wage negotiations for next year indicate another round of pay hikes despite profit pressure from U.S. tariffs, reinforcing the case for the Bank of Japan to raise interest rates. https://www.japantimes.co.jp/business/2025/11/24/economy/japan-pay-hike-signs/?utm_medium=Social&utm_source=mastodon #business #economy #wages #boj #japaneseeconomy #inflation

RANDOM REMINDER
theft is the #business model of capitalists; because capitalists’ main goal is to produce #poverty.

in a 2014 Economic Policy Institute study of #wageTheft, they found it was 3x the size of all forms of robberies ―in USA―, COMBINED.

and their data mostly excludes high earners, because most labor protection laws focus on hourly, minimum-wage workers.

they estimate wage theft costs USA’s workers $50 billion ANNUALLY ―and this excludes the loss of #wages vs #productivity gap… 🧵

sources:

‘Wage Theft Is Built Into the Business Models of Many Industries’ — FAIR - https://fair.org/home/wage-theft-is-built-into-the-business-models-of-many-industries/

An Epidemic of Wage Theft Is Costing Workers Hundreds of Millions of Dollars a Year | Economic Policy Institute - https://www.epi.org/publication/epidemic-wage-theft-costing-workers-hundreds/

Wage Theft Costs American Workers as Much as $50 Billion a Year | Economic Policy Institute - https://www.epi.org/press/wage-theft-costs-american-workers-50-billion/

🧵

#labor #wages #poverty #capitalism