20230324 Data Watch

Measured on an hourly basis, Japan's wages and productivity have risen over the past decade. But experts say most of this growth comes from a decline in the average number of hours worked.

Japan's hourly wages up 12% in 10 years but, can it last?

Higher total wages needed to create virtuous circle of economic expansion

TOKYO -- Wage growth in Japan has stalled over the past 10 years, due to Japan's weak economic growth over the period. Measured on an hourly basis, however, wages have risen 12% over the past decade, due largely to changes in employment patterns and a 7% decline in hours worked per year.

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