Economy Country March 10, 2025

Japan's Workers See Fastest Wage Growth in 32 Years

Japanese workers have experienced the fastest growth in their base wages in 32 years, reflecting a positive shift in the economy and labor market.


Japan's Workers See Fastest Wage Growth in 32 Years

Activists declare that the increase in the minimum wage is the highest in the last 32 years. According to the Japanese government, the minimum wage in the country rose by 3.6% and now stands at 930 yen (8.45 dollars) per hour.

This news is seen as a positive development in the context of the COVID-19 pandemic, which had a serious impact on the labor market. Many workers, including those employed in the restaurant and tourism business, have received record wage increases.

"This is an important step towards fairness in labor payment and improving the living conditions of working people," noted the representative of the trade unions.

However, some experts warn that even with the increased minimum wage, many families will still face financial difficulties due to high prices for housing and other everyday expenses.