Why Japan's wages aren't rising

09 Feb 2022 16:25 | JHRS (Administrator)

According to data by the OECD, the average annual wage in Japan increased until 1997 to $38,395, and then flattened out. Wages have maintained that same level ever since. In 2020, the latest data available, the average Japanese worker made $38,515 (equivalent to about ¥4.45 million based on the current exchange rate.)

Source: https://www.japantimes.co.jp

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