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EDITORIAL / Business, labor groups should cooperate for economic recovery

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This Yomiuri discusses the approach of the labor unions Rengo and the business organization Keidanren to the efforts to revive Japan's economy under prime minister Abe. Abe has encouraged Japanese companies to increase wages so that consumption spending can be supported. One measure proposed by the Abe administration is to reduce taxes for companies which increase wages. The government is also taking action so that the temp workers -the one third of the labor force working under temporary contracts at lower wages- can be converted to regular full time status with higher salaries.

2014 wage negotiations in Japan between unions and corporations

02/13/2013

Toyota says it will keep in mind the connections to the Japanese economy of wage increases as it makes its decision on wages in 2014-2015. Unions negotiate for modest pay increases of 1-1.5%. It is not clear if this will also lead to higher wages for the 37.5% of workers in Japan in the temporary or parttime category.

Grouped Articles

Japan Inc. Gets Ready to Raise Wages

Wall Street Journal 02/20/2014

Japan Inc. to Boost Wages

Wall Street Journal 03/13/2014

For First Time in Years, a Raise for Many Japanese Workers

New York Times 03/12/2014

Japanese Leader Urges Firms to Boost Wages

Wall Street Journal 02/13/2013

EDITORIAL / Business, labor groups should cooperate for economic recovery

Wall Street Journal 02/13/2013

Japan Unions Win Best Raises in Years

Wall Street Journal 03/13/2013

Only a fifth of small companies raise wages in Japan in early 2014- the situation in Hitachi, Japan

02/13/2013

Hitachi Corporation follows the example of Toyota to raise wages in Japan, answering prime minister Abe's call to raise wages to fight deflation. Suppiers of Hitachi Corp. in Hitachi, Japan, say they face cost pressures and higher prices of imported components with a weaker yen. The suppliers are reluctant to raise wages.

Grouped Articles

Japan Inc. to Boost Wages

Wall Street Journal 03/13/2014

For First Time in Years, a Raise for Many Japanese Workers

New York Times 03/12/2014

Japanese Leader Urges Firms to Boost Wages

Wall Street Journal 02/13/2013

EDITORIAL / Business, labor groups should cooperate for economic recovery

Wall Street Journal 02/13/2013

Japan Unions Win Best Raises in Years

Wall Street Journal 03/13/2013

Risk of Deflation Feeds Global Fears

Wall Street Journal 10/16/2014


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