TOKYO -- Japan's small and midsize businesses have growing room to raise wages, official data published Monday suggests, stoking hopes of hikes across a wider range of companies this year.
Work
Japan's smaller companies gain leeway to raise pay on steady profits
With slower growth in labor costs, wage hikes poised to spread to more industries
Wage increases at small and midsize businesses, which employ the majority of Japanese workers, are considered key to lifting the economy as a whole. (Photo by Arisa Moriyama)
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