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Japanese minimum wage sees largest rise since 2002 www3.nhk.or.jp
Negotiators in Japanese wage talks have agreed to raise minimum pay levels this fiscal year by the largest margin since 2002.
A labor ministry panel says the agreement between representatives of workers and management will see the minimum wage rise by 24 yen to 822 yen an hour. That's about 7 dollars and 84 cents. The current rate is about 7 dollars and 61 cents.
The panel indicates a national standard increase each year, although actual minimums vary depending on region. Local authorities are due to set their minimum wages by fall, based on the national standard.
Prime Minister Shinzo Abe wants the level eventually to reach 1,000 yen, or about 9.5 dollars, after a 3-percent increase each year.
Published Date:2016-07-27
