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6 comments
In December alone, the real wage index declined 1.9 pct from a year before, the 21st successive month of decrease.
No wonder I’ve been noticing a lot of Japanese business people in my country (Hong Kong). They are establishing new business and the likes.
This is not a coincidence.
Coinciding with record profits!
Well 2023 was basically the first year Japan had much real inflation in like 2 decades. Given wages didn’t increase the existence of inflation alone would result in this.
Such fake news. I agree with the consensus on Japan reddit (the so-called ‘reddit brain’) that wages are among the highest in the world, adjusted to purchasing power. Japan #1. America by contrast sucks so bad.
I’m feeling it