According to The Asahi Shimbun, inflation-adjusted real wages in Japan rose for the first time in more than two years in June, the labour ministry reported.
Real wages per worker increased by 1.1 percent year on year, according to the preliminary monthly labour survey for that month. The increase marked the first in 27 months since March 2022. A major factor behind the increase was the hike in workers' bonuses, which largely fluctuates. It is still unclear, however, if the rise in real wages will continue. The nominal wages, or the actual cash earnings per worker for June, rose by 4.5 percent to 498,884 yen (US$3,404), marking the 30th consecutive month of increase. That rate of increase was the highest in more than 27 years since January 1997. https://www.asahi.com/ajw/articles/15379495
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