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    Why Hasn’t the Labor Shortage Pushed Up Japan's Real Wages? "Japan's companies have the worst record in the OECD for pay increases. Instead of raising wages, they are enjoying soaring profits that they don’t even deploy in new investments".
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    Why Hasn’t the Labor Shortage Pushed Up Japan’s Real Wages? “Japan’s companies have the worst record in the OECD for pay increases. Instead of raising wages, they are enjoying soaring profits that they don’t even deploy in new investments”.


    Why Hasn’t the Labor Shortage Pushed Up Japan’s Real Wages? “Japan’s companies have the worst record in the OECD for pay increases. Instead of raising wages, they are enjoying soaring profits that they don’t even deploy in new investments”.

    https://richardkatz.substack.com/p/why-hasnt-the-labor-shortage-pushed?fbclid=IwY2xjawSTDf9leHRuA2FlbQIxMQBzcnRjBmFwcF9pZA80MDk5NjI2MjMwODU2MDkAAR5zBYSIuLiD9z1_l7tyMHGbSyHmv-7jeSsbkJnpt3WKLoW2ZE3iUswrn_Pw1w_aem__ALW80nCWmSyBlsrNRGDsg&utm_id=97757_v0_s00_e233_tv2_tp1_a1demonxturf8m

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    5 Comments

    2. IBannedX on

      Japan’s real GDP growth over the past 30 years has been lower than that of Greece or Argentina. Companies suppressing labor costs in Japan is a logical response. Increasing personnel expenses in a stagnant market only undermines corporate performance.

    3. Green-Weakness4407 on

      Same vibe of: “there aren’t enough workers, nobody wants these jobs anymore” and then somehow the solution is still not “pay people properly.”

    5. hideoutComics on

      it’s all going into Tokyo condos and hostesses bars instead of paying people.