Report
TOE Alert: Real Wages Fall Again in January
posted by Richard Katz on March 05, 2015
Found in Japan, categorized in Currencies
Report Cover
Headline
However, many small and medium companies across the country are complaining that the yen deprecation has raised the prices of their inputs, but they have been unable to pass on these cost increases either to final consumers or their suppliers.
Abstract
In January, real wages in Japan were down 1.5% from a year earlier, whereas in the middle of 2014, they had been down as much as 3.5%
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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