Workers in Japan saw their real wages increase for the first time in five years in 2016, a government report revealed on Monday.
According to the preliminary report by the Health, Labor and Welfare Ministry, the price-adjusted per-worker real wage rose 0.7 pct from the previous year.
The real wage posted the sharpest growth since 2010, when it rose 1.3 pct, chiefly thanks to rises in nominal salaries, the ministry said, adding that drops in consumer prices also contributed to the real wage upturn.
The labor survey report showed that the average total amount of cash paid monthly to workers, including regular salaries, overtime pay and bonuses, at business footholds each with five or more employees increased 0.5 pct from 2015 to 315,372 yen, extending its rising steak to a third year.
"The monthly wage rise can largely be attributed to pay-scale hikes by a number of companies through 'shunto' annual wage negotiations with labor unions last spring," said an official at the ministry's employment, wage and labor welfare statistics office.
Airbnb estimates that its services contributed 920 billion yen ($8.35 billion) to the Japanese economy in 2016, up 80% from the previous year, as foreign users took advantage of affordable lodging in big cities and rural areas. (Nikkei)
Princess Kako, a granddaughter of Emperor Akihito, will study at the University of Leeds in Britain from September this year to June next year as an exchange student, the Imperial Household Agency said Monday. (Japan Today)
Tokyo Metropolitan Police have arrested the former manager of an illicit parlor in Shinjuku who is suspected of instructing teenage girls to perform sex acts with customers, reports TBS News. (tokyoreporter.com)
The Japanese government has decided to start landfill work at the Henoko coastal area in the city of Nago, Okinawa Prefecture, on Tuesday for the relocation of the U.S. Marine Corps' Futenma air base, informed sources said Monday. (Jiji)
The Bank of Japan wants financial institutions to lend more money under its large-scale monetary-easing policy. But it's worried that some regional banks are too eager to offer real estate loans, especially for building rental housing. (NHK)
Two elderly women were hit and killed by a train at a station in Kanagawa Prefecture, south of Tokyo, with surveillance camera footage showing the two jumping on the tracks holding each other's hands, police said Monday. (Japan Today)
Rakuten Inc announced the official launch of "Rakuten Super English," a comprehensive English learning service utilizing technology to provide a practical English learning and a new style of studying. The launch of Rakuten Super English marks Rakuten's entry into the English education business. (Japan Today)