March 06, 2025 at 07:08AM
For some context, they achieved a 5.25% wage hike in the spring wage negotiations in 2024 and a 3.80% wage hike in 2023. So, that’s another step up and this also beats out the supposed wage hike of “at least 5%” for 2025. It’s a good springboard for the BOJ to work with in the months ahead.
This article was written by Justin Low at www.forexlive.com.
Japan’s largest union group Rengo says seeking average wage hike of 6.09% for 2025