Workers from Japan's largest union have struck early agreements for hefty wage hikes with employers as cost-of-living pressures grow and businesses scramble to secure staff amid a labor crunch, unionists said
Office workers wearing protective masks, following the coronavirus disease outbreak, work at a business building in Tokyo, Japan November 27, 2020. REUTERS/Kim Kyung-Hoon
TOKYO, March 9 - Workers from Japan's largest union have struck early agreements for hefty wage hikes with employers as cost of living pressures grow and businesses scramble to secure staff amid a labour crunch, unionists said on Thursday. In an unprecedented move, 18 unions under the umbrella of UA Zensen, which represents workers in the service, textiles and distribution sectors, announced early results of closely-watched annual wage talks known as "shunto".from Japan's largest employers, which have historically set the precedent for wage growth for the coming fiscal year from April.
The 18 unions have agreed in full with their employers for average wage hikes of 5.28%, the unionists said at a news conference. Prime Minister Fumio Kishida is piling pressure on companies to raise wages by 3% or more to beat rising living costs. The Bank of Japan is also desperate to see wage hikes strong enough to achieve sustainable demand-driven inflation.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Japan's workers eye bumper pay hike in closely watched union talksJapan's big companies are expected to deliver the largest pay rise in 26 years in next week's ‘shunto’ wage negotiations, offering policymakers hope the country might finally emerge from its deflationary doldrums
Les mer »
United Center Union Workers and Management Return to Bargaining After Sunday’s StrikeFood service workers at Chicago's United Center — including bartenders, servers, and dishwashers — made good on their threats to go on strike Sunday (via eaterchicago)
Les mer »
As early voting begins, election workers examining ballots that may not count because of mistakesElection workers are now looking at the ballots in the election center on the Northside checking for ballots with problems.
Les mer »
US approves $1.3 billion deal for Japan to buy early warning aircraft amid China threatThe U.S. approved Japan's purchase of five E-2D Advanced Hawkeye airborne early warning aircraft in a deal worth an estimated $1.381 billion to help counter threats from China.
Les mer »
UK rail workers union suspend Network Rail strikes after new pay offerBritish trade union RMT on Tuesday said it had suspended all strike action on Network Rail following a new offer from the employer, after a long-running pay dispute led to months of disruptive transport strikes.
Les mer »
Walt Disney Animation Studios Production Workers Launch Union Drive With IATSEThe Animation Guild is seeking to organize nearly 80 production coordinators, production managers and production supervisors, even as Disney is looking to disqualify certain job titles from the effort.
Les mer »