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Business trends

Corporate Japan warms to pay raises this spring

Labor shortages pushing some employers to go beyond Abe government's 3% goal

Construction is one sector where Japan's labor shortage has become acute.   © Reuters

TOKYO -- Leading Japanese companies are offering bigger pay increases this spring than in 2017, a Nikkei survey shows, as they seek to attract and keep the workers needed for success in an age of international competition for talent.

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