UK’s Workforce to See Sharpest Pay Rises Since Global Financial Crisis
A recent report from the Confederation of British Industry (CBI) paints an interestingly optimistic picture as far as pay rises go across Full Article
Will Hiking the Minimum Wage Boost Domestic Consumption in Japan?
Japan's latest attempt to give its flailing economy a boost consists of increasing the minimum wage to spur household spending, which has Full Article
UK Workers’ Wages Declined in Real-terms During 2020
Recent research by the Resolution Foundation reveals that around 50% of workers across Britain suffered a decrease in wages in real-terms Full Article
Japanese Companies Put Off Wage Hikes, Focus on Job Security
The ongoing coronavirus crisis has caused Japanese firms to offer the weakest pay hikes to employees since eight years, amid continued Full Article
Japan’s Household Spending Rises For The First Time in 13 Months
Household spending across Japan posted an encouraging recovery during the month of October, rising for the first time in more than a year. Full Article
Japan’s Household Spending, Real Wages Decline in September
Household spending across Japan experienced the fourth largest decline ever recorded during the month of September even as real wages Full Article
Japan’s Real Wages Continue to Fall For Sixth Consecutive Month
Real wages adjusted for inflation continued to decline for the sixth consecutive month across Japan during August, with overtime pay Full Article
Japan’s Economy Contracts More Severely, Data For July Disappoints
The Japanese economy contracted more severely than previously anticipated during the second quarter of this year because of the coronavirus Full Article
Japan’s Household Spending, Real Wages See Sharp Contraction
Household spending among consumers in Japan saw the sharpest decline in five years during March as shoppers stayed indoors to protect Full Article
British Companies Plan to Freeze or Postpone Pay Hikes
A little more than half of large companies in Britain are considering freezing employees' salaries or postponing pay hikes in the wake of Full Article
Incomes of G7 People Already on the Decline: Kantar
A recent survey by Kantar indicates that the ongoing coronavirus pandemic has already caused a significant downfall in earnings among Full Article
Another Worry for Japan’s Economy: Limited Wage Hikes Expected This Year
Leading companies in the country, especially in the automotive and electronics sectors, are resorting to tightening wage hikes as a result Full Article
Household Spending Declines in Japan Even as Real Wages Climb Higher
Household spending in Japan continued to stay depressed for the fourth consecutive month during January, as a result of the sales tax hike Full Article
Wages Remain Soft as AUD and NZD Slide
Wage growth in Australia appears to still be a worry and that is one reason the RBA continues to leave the door open on further rate cuts. Full Article
Japan’s Businesses to Keep Wages Unchanged or Lower Over External Risks
Nearly 80% of Japanese companies are considering holding wages steady or even cutting them lower in the wake of external economic risks like Full Article
