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Gov't panel seeks record 28 yen rise in minimum wage to 930 yen

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Pitiful

6 ( +8 / -2 )

A Japanese government panel on Wednesday proposed raising the average hourly minimum wage by a record 28 yen to 930 yen in fiscal 2021, a move that is likely to deal a further blow to businesses already struggling due to the coronavirus pandemic.

If a "record" 28 yen rise in wages for workers is a blow to a business, maybe they should not be in business. Several categories of businesses have been receiving a steady flow subsidies from the public treasury. This is more than what a huge amount of workers have received for the same period, and they have suffered and been forced to make do.

8 ( +11 / -3 )

Very fragile economy when ¥28 is a record rise, poorly managed businesses that can’t afford the record rise, seem to be the norm. Good luck with that 2% inflation goal BOJ.

7 ( +8 / -1 )

Hey Mum! I just got a 28 yen rise!

That's good news Takoko, be sure to save some of it for a rainy day.

7 ( +8 / -1 )

28 yen rise, OMG, is that it? Pathetic. Let's put suga on minimum wage, that's all he's worth.

7 ( +8 / -1 )

Peanuts rom the selfish rich for the poor peons.

Continue to raise it by 1% per year until the working class can be guaranteed a decent living (2000¥/hr). Businesses and the economy will adjust.

2 ( +4 / -2 )

28 yen ? are you kidding ? Other developed countries around the world have a much higher minimum wage rate. Japan is way down the bottom of the list. Going by other country minimum rates, Japan should be at least 1,200 yen per hour.

5 ( +5 / -0 )

A Japanese government panel on Wednesday proposed raising the average hourly minimum wage by a record 28 yen to 930 yen in fiscal 2021, a move that is likely to deal a further blow to businesses already struggling due to the coronavirus pandemic.

Thanks for telling us that you the bureaucrats worry more about businesses than us the hardworking and taxpaying public, we understand why you care so much about businesses because that is where you wil descend to with your golden paracutes and continue to earn lavishly for ensuring your kohais at the ministries worry about businesses and thus safeguarding your hefty paycheck. What is the price of gasoline, electricity, vegetables, fruits not a concern , a vast majority of the populace slipping into poverty faster than a glacier, no worries at all. Some years from now we will reminisce how this once great country used to be 3rd economic power in the world and ponder why in slipped out of the top ten. Wake up Japanese people wake up.

5 ( +5 / -0 )

That should entice people back into the employment market. After 3 hours of work, you can almost afford a bottle of tea with that sort of pay rise.

3 ( +4 / -1 )

by a record 28 yen

I think they are missing a zero or two.

-2 ( +0 / -2 )

That’s ¥20,832 per month rise that’s if you work 24 hours a day no sleep.

really pathetic .

5 ( +5 / -0 )

Are most of you just ignorant in economy or not reading the article properly? Raising it to 930yen is basically around $8.46 per hour. Most wealthy countries operate around the $7-9 range. A increase of 28yen might seems small to you, but for others, this already has a very large impact for the economy and also for anyone living on minimum wages. China itself with the second largest gdp only operate around $4 of minimum wage.

There is a reason why it's called minimum wage.

-7 ( +0 / -7 )

China itself with the second largest gdp only operate around $4 of minimum wage.

Oh Hiro, with your greater knowledge of economics than Thomas Piketty, please tell us why competing with China in a race to the bottom on wages is good?

4 ( +7 / -3 )

Go work at Sukiya in Shibuya. That’s ¥1400 per hour

1 ( +1 / -0 )

Are most of you just ignorant in economy or not reading the article properly? Raising it to 930yen is basically around $8.46 per hour. Most wealthy countries operate around the $7-9 range."

Is that so ?..as just a one example Australia,s current national minimum wage in 2021 is $19.84 per hour.

6 ( +6 / -0 )

what a "record"

hey give a long break mates

....

0 ( +0 / -0 )

@hiro, most country in Europe has way higher minimum minimal wage, for instance my home country Belgium has 10.69EUR minimum wage which is 12.65$ or 1350 yens. So no Japan is not on par with most western country, it is far behind.

4 ( +5 / -1 )

fair dinkum that is pathetic..people work hard for very little.

2 ( +2 / -0 )

@gintonic, your example you immediately name the highest minimum wage paid country in the world. But does the method even work? From what i know, minimum wage is actually base on the economy and demand of a country. And whether it even works is still up for debate. People believe that raising it will help improve poverty but anyone who studied economy will tell you it ain't that simple. Higher wages drives bigger competition is competing and shops are likely to open less during certain days because they can't afford to pay their employees. Which in turn force employees to compete in the market for lower wages in order to get a job. This is why Australia unemployment rate is so high. You just gave a terrible example for me to compare to.

-2 ( +0 / -2 )

$7.30 in the US I can't believe that!!! If you go to any fast food restaurant the mininmum wage the employees make is $15 per hour for serving "Happy Meals" that cost at least $9.00.

3 ( +3 / -0 )

With a US$7.30 min wage in the US they haven't abolished slavery. They've just tweaked it.

2 ( +3 / -1 )

Those third world salaries explain the consequences like aging society, but they still don’t explain how they ever can reach those ages with those lump sums. Any idea?

0 ( +0 / -0 )

This is basically the wage rate for students doing part time jobs right?

Anyone here personally on the minimum wage?

Anyone here without a job and getting zero wages? How do you like the minimum wage when you don’t even have a job? Do you care at all?

Minimum wages are a great way to discriminate against low productivity workers, and I have no idea why anyone ever thinks it’s a good idea.

-2 ( +0 / -2 )

Slave wages in Japan?

Who would have thought it?

1 ( +1 / -0 )

The third biggest economy in the world compared to the USA and Australia,

Minimum wage Australia is over AUD $20.00 per hour which = USD $15.00 which = Y 1630 What is the minimum wage in the USA = $15.00 and Japan win the race to the bottom with Y 930. Common Japan you can do better than that pitiful Minimum.

1 ( +1 / -0 )

All Australia wage earners also have a supper component of 10 % which on top of the hourly rate. So in reality the Australian minimum wage just over $ 22.00 per hour which is in USD = $16.28 per hour. The supper component can not be claim until the age of 65 years old. So the 10% goes into a supper fund of one own choice. But during COVID lockdown the Government allow citizen to drawn from it if you qualified.

1 ( +1 / -0 )

Should be double or quits!

1 ( +1 / -0 )

And hospitality jobs in Japan don’t receive tips as they do in the US.

Japan is making another class of have nots in the country…

0 ( +0 / -0 )

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