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Survey Reveals Wage Gains Not Matching Inflation

TOKYO, Apr 29 (News On Japan) –
A latest research by the Rengo Research Institute, which focuses on labor points, has revealed that solely a bit over 6% of employees report their wage will increase have exceeded the speed of inflation.

The research surveyed 2,000 employees within the Greater Tokyo and Kansai areas.

Only 6.6% of respondents said that their wage enhance over the previous 12 months was higher than the rise in costs, whereas 60% reported that their wage enhance was smaller.

This highlights the problem that, regardless of important wage will increase negotiated in latest spring wage negotiations, these haven’t stored tempo with the price of dwelling will increase.

Additionally, 50% of male respondents and 60% of feminine respondents famous that costs have “risen considerably” in comparison with the earlier 12 months.

Furthermore, 41.3% of respondents really feel a labor scarcity at their workplaces, with the quantity rising to over half (50.5%) within the building business.

Source: ANN

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