Japan Panel Urges Record Minimum Pay Hike in Bright Sign for BOJ
The advisory panel to the Labor Ministry proposed on Monday raising the average minimum hourly wage for the current fiscal year by ¥63 ($0.43) to ¥1,118. The 6% hike would be the largest gain since the government began setting hourly wage targets in 1978 and would follow last year's 5% bump, the previous record.
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