Back

Japan resumes stalled minimum wage talks on Monday – Jiji press

The Japanese media outlet, Jiji press, reported that the country’s Labor ministry will resume talks on the stalled minimum wage talks on Monday. The minimum wage is being considered to rise from JPY 28 to JPY 30.

Key details

“A subcommittee of the Central Minimum Wages Council, which advises the labor minister, will meet to discuss minimum wages for fiscal 2022, which started in April.”

“The focus is on whether management and labor representatives can bridge gaps between them regarding the sizes of pay increases and the basis for calculations.”

“Both sides agree on the necessity of raising minimum wages amid inflation. Many small businesses, however, are financially weak due to higher materials costs.”

Gold Price Forecast: XAU/USD pares biggest weekly gain since March near $1,750, US PMIs eyed

Gold price (XAU/USD) prints mild losses around a one-month high as bulls take a breather after posting the biggest weekly jump in nearly five months.
Baca lagi Previous

RBA is expected to deliver another 50 bps hike to 1.85% – NAB

Analysts at National Australia Bank (NAB) offer a sneak peek at what to expect from Tuesday’s Reserve Bank of Australia’s (RBA) monetary policy decisi
Baca lagi Next