Japan’s largest industrial union UA Zensen:
-
25 sub-sector unions to this point win full response from administration to
their demand
- Full-time staff so
far win wage hikes of 6.7% together with base pay rise of 5.15%, greater
than final yr
Some indications of wage hikes which have been achieved for some staff. The query is how far such hikes will prolong all through the workforce, and the way the BOJ will view these as contributing to steady and sustained inflation. Which is numerous questions.
This text was written by Eamonn Sheridan at www.forexlive.com.
