Japan's union group to seek 6% wage rise at next spring's talks

Explore stories from Atlantic Canada.

Savoring Success with Taste Nova Scotia Culinary Ambassador Amy Savoury | SaltWireTOKYO - Japan's largest industrial union UA Zensen will seek a 6% total wage increase, of which 4% will be base pay hikes, at next spring's negotiations, a union official said on Monday.

This year, Japanese firms offered workers the highest wage hikes in 30 years. Average Japanese workers' wages had remained virtually flat since the asset-bubble burst in the early 1990s until this year. About 2,291 unions are grouped under the umbrella of UA Zensen, representing 1.8 million workers in the service, textiles, distribution and other sectors, making it Japan's largest sector-to-sector union.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

SaltWire Network /  🏆 45. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

PETER McKENNA: Latin America does not speak with a single voice on Hamas or terrorismExplore stories from Atlantic Canada.
Read more »

LETTERS: P.E.I. letter writers share thoughts on courts, conflict and climateExplore stories from Atlantic Canada.
Read more »

US consultancy Gallup withdrawing from China -FTExplore stories from Atlantic Canada.
Read more »

Daily horoscope for Nov. 4, 2023Explore stories from Atlantic Canada.
Read more »

LEO J. DEVEAU: This Week in Nova Scotia History: Nov. 4-10Explore stories from Atlantic Canada.
Read more »