News

Japan’s largest industrial union to target a standard 6% increase in total wages – report

Products You May Like

UA Zensen is Japan’s largest industrial trade union and represents workers mostly at small and medium-sized firms. And once again – similar to earlier this year – they are calling for at least a standard 6% increase in total wages going into the spring wage negotiations in 2025. For some context, the wage hike asked for this year was the highest on record since 2013.

That will be a welcome boost for the BOJ, who is still hoping to raise interest rates going into next year.

Products You May Like

Articles You May Like

Plutus Announces Platform Enhancements to Bolster Transparency and Sustainability
Mixed ending for US stocks to start the new trading week
USDCHF moves above converged 100 and 200 hour MAs and rockets higher
MicroStrategy acquires 51,780 BTC for $4.6 billion
Is Full Margin Trading the FAST Lane to Financial Freedom?

Leave a Reply

Your email address will not be published. Required fields are marked *