Monday, June 2, 2008

Japan Wages and Employment April 2008

Average total cash earnings rose in Japan rose in April for the fourth consecutive month as companies added full-time workers to comply with new labor regulations. However the arrival of inflation has meant that in real terms (ie allowing for inflation) contractual wages actually fell year on year. Monthly wages, including overtime and bonuses, were up 0.6 percent from a year earlier to 281,246

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