Where is this "strong wage growth" the article is talking about?
Where is this "strong wage growth" the article is talking about?
Japan stands a better chance of finally breaking with deflation that has "shackled" the nation for a quarter of a century, amid recent strong wage growth and broadening price hikes, the government said in its annual economic and fiscal policy report. The government has yet to formally declare an end...
Did your wages go up? Mine didn't, neither my wife's.
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I read the article but they missed the point that higher inflation will cause consumers to spend less and ultimately slow the economy, increasing unemployment. Higher unemployment means more competition for jobs and lowball salaries. Now we might not see widespread layoffs here but the average person will be stuck earning peanuts.