With backing from business lobby, Japan PM calls for workers' pay hikes

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Japan must spread the momentum of wage growth across the country to conquer rising inflation as annual labour negotiations wrap up next month, Prime Minister Fumio Kishida said on Sunday, with backing from a major business lobby.

"The wave of wage hikes must spread to small firms and local areas to enhance competitiveness amid heated competition to attract workers" amid labour shortages, Kishida said.

Masakazu Tokura, head of Japan's biggest business lobby Keidanren, expressed support for the wage push.

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japan is very backward in how they run their business, with stagnent productivity, what do you pay the worker with ?

Get pay in line with the US for bus and tech roles and maybe you'll end up getting some of the high-end talent your desperate for.

Good cop bad cop 🙄

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