Japan PM Kishida urges companies to raise wages by 3% or more

japan pm kishida urges companies to raise wages by 3 or more

Sumary of Japan PM Kishida urges companies to raise wages by 3% or more:

  • TOKYO (Reuters) – Japanese Prime Minister Fumio Kishida on Friday urged companies whose earnings have recovered pre-pandemic levels to raise wages by 3% or more at their labour talks next spring as he aims to achieve a virtuous cycle of growth and wealth distribution.

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