Japan's union group to seek 6% wage rise at next spring's talks
© Reuters. Members of the workers' union UA Zensen watch a video, during a kick-off rally for the annual"shunto" wage negotiations, in Tokyo, Japan March 9, 2023. REUTERS/Androniki Christodoulou/File PhotoTOKYO - Japan's largest industrial union UA Zensen will seek a 6% total wage increase, of which 4% will be base pay hikes, at next spring's negotiations, a union official said on Monday.
This year, Japanese firms offered workers the highest wage hikes in 30 years. Average Japanese workers' wages had remained virtually flat since the asset-bubble burst in the early 1990s until this year. About 2,291 unions are grouped under the umbrella of UA Zensen, representing 1.8 million workers in the service, textiles, distribution and other sectors, making it Japan's largest sector-to-sector union.
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