-- Japan ’s latest wage figures showed pay gains have now lagged inflation every month for two years even as a measure of the deeper trend points to steady growth .Trump Judge Indefinitely Postpones Documents Case Trial
The nation’s chronic labor shortages point to continuing solid pay trends ahead. The nation’s unemployment rate is 2.6%, the lowest among advanced economies, and more than 50% of surveyed businesses reported facing a shortage of full-time employees in April, according to a report by Teikoku Databank.
Consumer confidence unexpectedly declined in April, with a gauge showing the willingness to buy durable goods sliding to the lowest since December. Household spending has fallen from a year earlier for 12 straight months, with data due Friday expected to extend that streak for another month.
Real Wages Bank Of Japan Japan Overtime Pay Steady Growth
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