About 80% of households in Japan have felt the impact of rising prices on their family budgets, a recent survey shows, with 91.3% of those households saying hikes have impacted food expenses. https://www.japantimes.co.jp/news/2025/10/09/japan/society/japan-inflation-hit-family-survey/?utm_medium=Social&utm_source=mastodon #japan #society #surveys #inflation #sumitomolifeinsurance
Household spending rose for a fourth month in Japan, showing resilience amid persistent inflation as the central bank continues to mull the timing of its next interest rate hike. https://www.japantimes.co.jp/business/2025/10/07/economy/household-spending-august/?utm_medium=Social&utm_source=mastodon #business #economy #japaneseeconomy #boj #internalaffairsministry #sanaetakaichi #inflation
Sanae Takaichi, now poised to become Japan’s next prime minister, is likely to face difficulties on economic policy since her Liberal Democratic Party is currently a minority government. https://www.japantimes.co.jp/business/2025/10/05/economy/ldp-takaichi-economic-policy/?utm_medium=Social&utm_source=mastodon #business #economy #ldp #sanaetakaichi #japaneseeconomy #inflation #boj
Bank of Japan Gov. Kazuo Ueda kept his policy options open by reiterating the bank’s long-held stance on interest rates, avoiding sending any clear signals about the prospects for a rate hike. https://www.japantimes.co.jp/business/2025/10/03/economy/boj-ueda-osaka-speech/?utm_medium=Social&utm_source=mastodon #business #economy #boj #kazuoueda #osaka #japaneseeconomy #inflation
Tokyo’s first subways were but a dream on a drawing board in October 1925. Also, a quarter of a century later in October 1950, nearly 150 students were arrested for a violent protest at Waseda University. https://www.japantimes.co.jp/news/2025/10/01/japan/history/japan-nobel-chemistry-subway-waseda-student-protest-1925-1950-1975-2000/?utm_medium=Social&utm_source=mastodon #japan #history #subway #tokyometro #infrastructure #tokyometropolitanassembly #wasedauniversity #students #studentprotests #lowerhouse #inflation #nobelprize #chemistry #hidekishirakawa
A Bank of Japan rate increase is looking more likely as the Cabinet Office signals optimism on consumer spending. https://www.japantimes.co.jp/business/2025/09/30/economy/boj-rate-outlook/?utm_medium=Social&utm_source=mastodon #business #economy #japaneseeconomy #consumerspending #economicindicators #inflation #boj
A total of 3,024 food and beverage products from 195 major makers are set to undergo price hikes in Japan in October. https://www.japantimes.co.jp/business/2025/09/30/economy/food-price-rise-october/?utm_medium=Social&utm_source=mastodon #business #economy #food #alcohol #inflation #japaneseeconomy
There needs to be a backup capital in Japan that can take over Tokyo's functions in an emergency, Yoshimasa Hayashi, a candidate in the Liberal Democratic Party's leadership election, said in a recent interview. https://www.japantimes.co.jp/news/2025/09/26/japan/politics/hayashi-interview-tokyo-backup/?utm_medium=Social&utm_source=mastodon #japan #politics #yoshimasahayashi #ldp #tokyo #nipponishinnokai #osaka #taxes #inflation #earthquakes #disasterpreparedness
Inflation concerns have topped a key Japan survey with a level of worry not seen since just after the 1973 oil shock. https://www.japantimes.co.jp/business/2025/09/26/economy/japan-cost-survey/?utm_medium=Social&utm_source=mastodon #business #economy #tokyo #japaneseeconomy #inflation #food #economicindicators #cabinetoffice #surveys
Consumer inflation in Tokyo unexpectedly held steady on the effects of temporary subsidies, in data that back the Bank of Japan’s cautious approach to raising its benchmark interest rate. https://www.japantimes.co.jp/business/2025/09/26/economy/tokyo-cpi-september/?utm_medium=Social&utm_source=mastodon #business #economy #tokyo #japaneseeconomy #boj #internalaffairsministry #inflation #food #economicindicators
Japanese retail prices of rice have turned upward again, even as new rice harvested this year has started hitting the shelves. https://www.japantimes.co.jp/news/2025/09/25/japan/rice-prices-remain-high/?utm_medium=Social&utm_source=mastodon #japan #rice #inflation #food
Liberal Democratic Party presidential candidates are moving closer to the opposition on some economic issues as the ruling coalition's loss of the majority changes legislative dynamics. https://www.japantimes.co.jp/business/2025/09/24/economy/ldp-cadidates-economic-policy/?utm_medium=Social&utm_source=mastodon #business #economy #shigeruishiba #shinjirokoizumi #sanaetakaichi #takayukikobayashi #yoshimasahayashi #toshimitsumotegi #consumptiontax #taxes #ldp #japaneseeconomy #inflation #dpp
Over 90% of scholarship recipients in Japan are in financial strain due to inflation, a nonprofit organization survey has found. https://www.japantimes.co.jp/news/2025/09/24/japan/scholarship-inflation-struggle/?utm_medium=Social&utm_source=mastodon #japan #education #inflation #surveys #food #jobs
More than 90% of disadvantaged households in Japan are struggling to put food on the table for their children, according to a recent survey. https://www.japantimes.co.jp/news/2025/09/17/japan/society/japan-financially-strained-households/?utm_medium=Social&utm_source=mastodon #japan #society #ngo #poverty #hunger #children #inflation #savethechildrenjapan
A breathtaking piece of property in the heart of Tokyo has become the ultimate souvenir for wealthy foreign nationals. https://www.japantimes.co.jp/business/2025/09/17/markets/foreign-property-buyers-tokyo/?utm_medium=Social&utm_source=mastodon #business #markets #expats #tokyo #realestate #housing #china #inflation
The Bank of Japan is set to sit tight and hold the policy rate at 0.5% at its meeting this week even as inflation remains high. https://www.japantimes.co.jp/business/2025/09/17/markets/boj-preview-september-2025-meeting/?utm_medium=Social&utm_source=mastodon #business #markets #boj #us #tariffs #usjapanrelations #inflation #japaneseeconomy
The ruling Liberal Democratic Party and the Constitutional Democratic Party of Japan have agreed to set up a panel to discuss a refundable tax credit program aimed at helping low- and middle-income earners. https://www.japantimes.co.jp/news/2025/09/17/japan/politics/ldp-cdp-agree-on-refundable-tax-credit-panel/?utm_medium=Social&utm_source=mastodon #japan #politics #ldp #cdp #taxes #inflation
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Today in Labor History September 16, 1945: 43,000 oil workers went on strike in 20 states. During WWII, most of the major unions collaborated with the U.S. war effort by enforcing labor “discipline” and preventing strikes. In exchange, the U.S. government supported closed shop policies under which employers at unionized companies agreed to hire only union members. While the closed shop gave unions more power within a particular company, the no-strike policy made that power virtually meaningless. When the war ended, inflation soared and veterans flooded the labor market. As a result, frustrated workers began a series of wildcat strikes. Many grew into national, union-supported strikes. In November 1945, 225,000 UAW members went on strike. In January 1946, 174,000 electric workers struck. That same month, 750,000 steel workers joined them. Then, in April, the coal strike began. 250,000 railroad workers struck in May. In total, 4.3 million workers went on strike. It was the closest the U.S. came to a national General Strike in the 20th century. And in December 1946, Oakland, California did have a General Strike, the last in U.S. history. Overall, it was the largest strike wave in U.S. history. In 1947, Congress responded to the strike wave by enacting the Taft-Hartley Act, restricting the powers and activities of labor unions and banning the General Strike. The act is still in force today and one the main reasons there hasn’t been a General Strike in the U.S. since 1945.
#workingclass #LaborHistory#GeneralStrike #oakland #oilworkers #union #strike #strikewave #worldwartwo #tafthartley #uaw #coal #railroads #inflation #steel #wildcat
Today in Labor History September 16, 1945: 43,000 oil workers went on strike in 20 states. During WWII, most of the major unions collaborated with the U.S. war effort by enforcing labor “discipline” and preventing strikes. In exchange, the U.S. government supported closed shop policies under which employers at unionized companies agreed to hire only union members. While the closed shop gave unions more power within a particular company, the no-strike policy made that power virtually meaningless. When the war ended, inflation soared and veterans flooded the labor market. As a result, frustrated workers began a series of wildcat strikes. Many grew into national, union-supported strikes. In November 1945, 225,000 UAW members went on strike. In January 1946, 174,000 electric workers struck. That same month, 750,000 steel workers joined them. Then, in April, the coal strike began. 250,000 railroad workers struck in May. In total, 4.3 million workers went on strike. It was the closest the U.S. came to a national General Strike in the 20th century. And in December 1946, Oakland, California did have a General Strike, the last in U.S. history. Overall, it was the largest strike wave in U.S. history. In 1947, Congress responded to the strike wave by enacting the Taft-Hartley Act, restricting the powers and activities of labor unions and banning the General Strike. The act is still in force today and one the main reasons there hasn’t been a General Strike in the U.S. since 1945.
#workingclass #LaborHistory#GeneralStrike #oakland #oilworkers #union #strike #strikewave #worldwartwo #tafthartley #uaw #coal #railroads #inflation #steel #wildcat
"Despite promising to stop inflation on day one, working- and middle-class Americans are still being squeezed financially as Trump cuts taxes for the wealthy and massive corporations. …
All of what we’re seeing from the Trump administration is a choice to put corporations ahead of caretakers, the wealthy ahead of workers, and the bosses ahead of the busboys."
#Trump #economy #tariffs#Republicans#BigBeautifulBill #jobs #manufacturing #inflation
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