Real Wages in May Down 0.1%

posted by Richard Katz on June 30, 2015

Found in Japan, categorized in Macro

Tags: Richard Katz TOE wage

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One reason for the disappointing real wage numbers is that nominal base wages in May were only 0.3% higher than last year.


Real wages in May were down yet again, this time by a mere 0.1%. That is the same as in April.

About Richard Katz

Richard Katz is Senior Fellow at the Carnegie Council for Ethics In International Affairs, the New York correspondent for Weekly Toyo Keizai, a leading Japanese business magazine, and formerly the editor of The Oriental Economist Report, a monthly newsletter on Japan.

Mr. Katz has taught about Japan’s economy as an Adjunct Associate Professor at the New York University Stern School of Business, and as a Visiting Lecturer in Economics at the State University of New York (SUNY) at Stony Brook.

Mr. Katz is the author of two books on Japan's economic travails and has just finished a third book on reviving entrepreeurship in Japan.

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