Powerful forces point towards wage gains in Japan
The government wants wage rises that set in motion a 'virtuous circle', but moral suasion alone may not be enough
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In this article
- Companies profiting
- Corporate cash
- Labour market reforms?
- Wages are rising
- Nominal wages rising
- Labour market tightening
- Macroeconomic context
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_350.jpg "Pedestrians cross a street at a business district in Tokyo (Reuters/Toru Hanai)")