Real wages in Japan drop in August after two months of gains
[ad_1] Real wages in Japan fell in August, bringing into doubt the earnings recovery some politicians hope will drive a sustained economic recovery.The labor ministry said real wages declined 0.6% year-on-year in August as high inflation ate away at solid nominal gains. This followed a positive reading in June, which broke a 26-month streak of real-wage declines, and another positive reading in July.The increases in those two months “were largely […]
