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Japan Prime Minister Kishida spoke to unions, said he'd make wage rise surge sustainable

Japan Prime Minister Kishida spoke to unions, said he'd make wage rise surge sustainable
Japanese Prime Minister Kishida spoke at the convention of Japan’s confederation of labor unions. This is an unusual move for a PM from Kishida's side of the political fence. He's the first PM from the Liberal Democratic Party to speak at the biennial Rengo event since 2007. Kishida is pushing for wage hikes to outstrip the inflation that is hurting household budgets and weighing on consumption.“The economy’s energy comes from pay rises,” Kishida said. “We must make the great wave of pay rises... Read More
Posted: Oct 5 2023, 03:08
Author Name: forexlive
Views: 092031

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