On July 29, 2023, the Ministry of Labor of Japan It announced an increase in the minimum wage by 41 yen to 1002 yen per hour. Or think in Thai money 240 baht per hour which will take effect nationwide in early October This was the highest since fiscal 1991.
The Japanese government wants to solve the problem of inflation that people are facing. stimulate domestic consumption and increase the employment rate
From this policy, there will be 25 million workers in Japan or 50% of legal workers. Receive an immediate wage increase
In big cities such as Tokyo or Osaka, there have been previous hikes as well.
Japan is currently facing a 2.5% increase in inflation. The wage increase is seen as a 4.3% increase in wages from 961 yen per hour to 1002 yen per hour.
