Friday, 24 March, 2023

Japanese workers receive the largest salary increases in decades due to labor shortage and inflation

<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.&nbsp;However, inflation also increased, leading to concerns that the higher salaries may be offset.</p>