Thursday, 5 March, 2026
Japanese workers receive the largest salary increases in decades due to labor shortage and inflation
By Basit Ansari
<p>Japanese workers experience the largest salary increases in years as inflation surges, according to reports. Companies have responded to labor shortages by raising wages, with some industries reporting double-digit increases. This is the largest pay increase in the country in over 20 years, which could lead to a rise in consumer spending. However, inflation also increased, leading to concerns that the higher salaries may be offset.</p>
Read full story at Reuters
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