Japan’s real wages for workers have decreased for 26 consecutive months, the longest on record.

, “The real wages of Japanese workers have seen a continuous decline for 26 months compared to the same month of the previous year.”,

, “According to the ‘May Labor Force Survey’ released by the Japanese Ministry of Health, Labour, and Welfare on the 8th, the monthly average salary per worker in companies with 5 or more employees increased by 1.9% to 297,151 yen (approximately 2,550,000 won) compared to the same month last year.”,

, “However, considering inflation, real wages actually decreased by 1.4%.”,
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, “As a result, real wages have been on a downward trend for 26 consecutive months.”,

, “The continuous decrease in real wages has set a new record for the longest period starting from March this year.”,

, “While wages have been increasing due to government efforts to encourage companies, they have not been able to keep up with the rising cost of living.”,

, “The Ministry of Health, Labour, and Welfare explained that ‘the trend of wage increases is spreading, but the impact of rising prices has led to a continuation of the decline in real wages.'”,
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, “[Photo Source: EPA=Yonhap News]”,
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