"Wage" tag
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German metalworkers union secures 5.5% wage hike

IG Metall struck an agreement guaranteeing compensation payouts, shorter work-weeks and job guarantees. The union has yet to negotiate deals for worker in the east and in Saarland on the French border. Germany’s IG Metall, Europe’s...

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Japan Wage and Hours Worked

The preliminary wage report for September 2017 showed a moderate acceleration in nominal wages. Basic and overtime wages rose by 0.7% year on year (YoY) in September, accelerating from 0.4% YoY in August. The 0.7%...

A false silver lining for Abenomics

On the surface, recent economic news in Japan offers a silver lining for Abenomics. Despite the initial misgiving at the beginning of 2016, Japanese exports have maintained a moderately expansionary trend in the first 4...