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In 2024, 720,988 babies were born in the country, marking the ninth consecutive year of decline in child births.
Using prefectural data, we study the potential impact on wage dynamics of the planned minimum wage increase policy in Japan. Our main result is that stepping up minimum wage growth from 2 to the ...
El Mundo on MSN12h
From the "singles tax" to the four-day workweek: the despair of a Japan sunk in its demographic crisis: "We are facing extinction"The birth rate plummeted for the ninth consecutive year with more than two deaths for every baby born in 2024. Aware that to ...
A meaningful and sustainable rise in wages is a key goal for Prime Minister Fumio Kishida, while the Bank of Japan says it’s a crucial factor for normalizing monetary policy. Real wages ...
The Japanese government is likely to establish 1% growth in real wages as its first-ever official target for pay increases, a ...
The mixed wage and spending data highlights Japan's challenging growth outlook, as the export-reliant economy faces tariff threats and uncertainty over monetary policy. Economists are expecting to ...
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