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© KYODOJapanese people budget less for summer break amid inflation, weak yen: poll
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sakurasuki
Japanese people really make sense, when it comes to their money. What JGovt done about this?
The Nomad
You can't do much with 58.000 yen. I'm planning to visit a friend for a couple of nights, stay at his place. Even then I'm budgeting 50.000 for highway, gas and eating for 2.
owzer
Time to head to the shopping mall and enjoy free air conditioning!
CommodoreFlag
"despite sharp pay increases by large domestic firms"
Surely that's only a drop in the water though. 70% of workers are with small to medium companies here. When also taking into account the service industry and foreign owned companies based here, the shunto negotiations don't really tell us a lot.
Would be nice if anyone can let us know how many workers benefit from shunto negotiations.
DanteKH
"Despite SHARP pay increase"???
What sharp pay increase?? Or is the maximum 5% for the lucky few a sharp increase??
This quoted statement is way to callous and ridicolous to take the rest of the article in consideration....
BertieWooster
The article fails to stress:
*Massive price increases
*Crippling taxes
Bad Haircut
Loud noises, harsh lighting, crowds... Outside in the hot sun in a rubber suit is looking like a viable option ;-)
Aoi Azuuri
"2.6%" is mere average.
at Japanese society where income inequality also expanding, households without even budget for summer break are increasing, experience gap among children also expanding during summer.
But, Japanese major media who crazy for Japanese Olympians don't even criticize misrule that causes many difficulties such as poverty or inequality or infection disease to public.
Tim Sullivan
Regarding how they would spend their holidays, only 2.1 percent said they planned to take overseas trips
Back in the Bubble era, the OLs in my office were always going on overseas trips. I recall one girl went to Australia for the weekend. How times have changed. You have to be rich to travel abroad now.
Eastmann
sure average tarosan have to opt for cheap end happoshu this summer as kirin lager is takai for him...
smithinjapan
"The decline to an average of 58,561 yen comes despite sharp pay increases by large domestic firms..."
10 yen per hour is not a sharp increase, sorry, especially not when costs of living have ACTUALLY gone up sharply, like 200 yen for something to 300 yen.
Reminds me of Japan Tabacco raising their prices "dramatically" from ¥230 to ¥240 back in the day, while nations like Australia, Canada, the US and more were going from the equivalent of about ¥500/pack to ¥1500. Of course, I know it's gone up exponentially over the years and I think it costs more than ¥400 for a pack here. Wages will be like that. When it costs you ¥10,000 to fill up your tank they will finally make sure that you get an "extra" ¥10,000 in total for one year. Of course, they'll mollify the large companies by erasing any cap on unpaid overtime.
Alan Bogglesworth
Japanese politics is dead, in a functioning democracy , there would be a credible opposition party with a counter policy to address this situation. All Japanese people can do is either vote for or demand change, or wear it. It’s that simple.
oyatoi
Japan functions according to its own rules, it gets away with subjecting its people to things that elsewhere would provoke fury and indignation precisely because its reservoir of endurance and capacity for suffering is so deep. 我慢 is constantly extolled, ably assisted by expressions such as 仕方がない and its many permutations. 我々日本人 and analogous groupthink formulations, are complicit in forging the ties that bind.
But even the Japanese have their breaking point. After dissembling for years, the finely calibrated machine, at last cognizant of the limits of gaman, through its central bank has unleashed one humdinger of a financial correction on the world.
SwissToni
Very few are going abroad for ¥60,000. How does the (today, not so) weak yen reduce budgets?
Alan Bogglesworth
I think my point still stands. I believe yours is quite a cynical take though. I think politics is broken here by design. Young people aren’t really educated about it or understand what it means not to vote. Why would the LDP want that ? Obviously some people feel strongly about it after the recent assassination of A be san. But even that is more evidence that democracy is having issues in Japan.
I know plenty of people in Japan who cannot endure very much suffering so I don’t think you’re right.