TOKYO -- Japan's largest labor confederation announced on Friday that its unions have won an average 5.46% rise in wages from April, adding to last year's increase and coming ahead of the Bank of Japan's monetary policy meeting next week.
Work
Japan's unions win 5.46% wage hike, larger than previous year
Effective 'shunto' wage negotiations support recovery from 'lost decades'
This year, some 3,000 unions under the Rengo umbrella sought an average wage increase of 6.09% -- up 0.24 points from last year. (Photo by Masatoshi Ida)
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