Japan's largest union group demands biggest wage hike in over 30 years

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TOKYO :Japan's largest labour union group is seeking the biggest salary hike for its workers in over 30 years as both the government and central bank look for signs of sustainable wage growth to drive the economy.

Talks between management and labour unions over the 2025 wage levels typically conclude around mid-March at major firms, and go into effect a few months later.

The group this year is focused on achieving solid wage hikes at smaller firms to narrow the income gap with workers at large firms.

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Category: EconomyBusiness

Markets: SingaporeJapanMali

Topics: Hike Firms Year Average Cent Increase Wage Unions Japan Members Rengo

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-06 @ 15:04:46 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 428 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 23 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 26695984

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