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Calls for Minimum Wage of 1,500 Yen as Key to Japan’s Economic Revival

TOKYO, Nov 02 (News On Japan) –
The Japan Association of Corporate Executives has expressed assist for Prime Minister Ishiba’s aim of elevating the minimal wage to ¥1,500 by the 2020s, calling for it to be achieved inside three years.

Japan Association of Corporate Executives Representative Director Tsuyoshi Niinami: “I believe that setting the minimum wage at ¥1,500 is a significant litmus test for steering Japan’s economy toward genuine recovery.”

On October thirty first, Niinami outlined the rationale behind this goal, emphasizing the necessity to drive productiveness by way of elevated reliance on instruments reminiscent of IT and AI (synthetic intelligence), which enhance effectivity.

Source: ANN

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