Asian Economic News

Japan Wages Fall 0.7% In February

Japanese labor cash earnings declined more than expected in February, provisional estimates from the labor ministry showed Tuesday.

Total cash earnings fell 0.7 percent year-on-year in February compared with an expected 0.2 percent fall. This followed a 0.1 percent increase.

Contractual cash earnings declined 0.8 percent annually during the month. Regular pay was 0.6 percent less than a year earlier.

Overtime pay declined 3.5 percent year-on-year in February, while special cash earnings rose 8.2 percent.

by RTTNews Staff Writer

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