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Japan’s small-sized corporations wrestle to supply larger pay to maintain up with inflation

Over half of small and mid-sized firms in Japan plan to boost salaries this 12 months amid a labour crunch and report inflation, in accordance with a survey by the Japan Chamber of Commerce.

Wages in Japan have crept up not too long ago, as firms face strain to compensate staff for price of residing will increase. However, small- and medium-sized companies have to deal with surging materials prices and a extra unpredictable margin, making it difficult for them to pay staff.


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