Japan’s UA Zensen Union has lodged a claim for a 6% wage hike

UA ZENSEN is the Japanese Federation of Textile, Chemical, Commerce, Food and General Services Workers’ Unions

Nikkei reports the union is seeking a 6% wage hike

  • overall wage increase target of 6% for full-time and part-time employees
  • during spring labor negotiations in 2024
  • the second consecutive year for a 6% claim

If they get it it would go some way towards more sustainable inflation and perhaps a BOJ policy change.

This article was written by Eamonn Sheridan at www.forexlive.com. Source