Survey Reveals Increase in Corporate Salary Raises for Fiscal Year 2024
According to a survey of corporate salary increases published by the Ministry of Finance on April 22, the percentage of companies that increased basic salaries uniformly in fiscal 2024 was 81.1% for large companies and 63.1% for medium and small-to-medium companies. . size companies. Photo taken in September 2022 in Tokyo (2024 Reuters/Kim Kyung-Hoon) TOKYO […]
Toyota Motor Corporation Faces Pressure to Increase Wages at Spring Labor Negotiations
On March 6, Toyota Motor Corporation did not respond to calls for a wage increase at the third meeting of the labor management council. The photo was taken in April 2019 at a Toyota factory in Aichi Prefecture (2024 Reuters / Joe White) TOKYO (Reuters) – Toyota Motor Corporation ( 7203.T ), opened a new […]
Unemployment Rate in Japan Drops to 2.4% in January, Job Market Stability Remains
On March 1, the Ministry of Internal Affairs and Communications announced that the unemployment rate for January (seasonally adjusted) was 2.4%, down 0.1 points from the previous month (2.5%). Photo taken in January in Tokyo (2024 Reuters/Kim Kyung-Hoon) TOKYO (Reuters) – Employment-related indicators for January released by the government on the 1st showed the unemployment […]
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Philippine Human Trafficking Victims Struggle to Rebuild Lives After Forced Labor Experience
MANILA, May 5 (Thomson Reuters Organisation) – Four years ago, when Lucy Ortega boarded a chartered government plane returning to her native Philippines, she thought it was the end of her nightmare of being forced to work as a domestic slave in Syria. Ta. However, many new problems await her. Ortega fell into the trap […]
China’s Deflation Deepens as Japan Considers Raising Negative Interest Rates
On February 9, although China’s price drop has been long, in Japan, the Deputy Governor of the Bank of Japan, Shin Uchida, noted that the probability of reaching the 2% price target has increased, and there is a view that negative interest rates will be raised as early as March strengthens. Picture taken in October […]
Bank of Japan Discusses Reforms to Monetary Policy, Ending Negative Interest Rates
A man walks in front of the Bank of Japan headquarters in Tokyo, Japan, January 18, 2023. REUTERS/Issei Kato TOKYO (Reuters) – At the Bank of Japan’s monetary policy meeting in January, active discussions took place on reforms to the ultra-easy monetary policy, including ending negative interest rates, according to a “main view” released on […]
Japan Bankers Association Chairman Discusses Impact of Negative Interest Rates on Businesses and the Yen
On January 18, Katsuhiko Kato, Chairman of the Japan Bankers Association (President of Mizuho Bank), said in a press conference that although the impact of raising negative interest rates on companies would be limited, he saw the positive side of easing. the depreciation of the Yen due to the narrowing of the difference between Japan-US […]
China’s Population Expected to Decrease for Second Consecutive Year, Impacting Economic Growth
On January 17, China’s National Bureau of Statistics announced that the total population by the end of 2023 will be 1.409 billion, decreasing for the second consecutive year. The picture was taken in April last year in Shanghai (2024 Reuters / Aly Song) [北京 17日 ロイター] – China’s National Bureau of Statistics announced on the […]
Uncertainty Surrounding Wage Increases in Rural Japan Leaves Bank of Japan Branch Managers Skeptical
At a branch managers’ meeting held by the Bank of Japan on the 11th, it was reported that, in terms of wages, although momentum is increasing in rural areas to raise wages slightly earlier than last year, “there is a high level of uncertainty regarding the the spread and size of the pay rises.”It became […]