The unions setting out guidelines for next round of wage talks. Bloomberg with the headlines
- want wage hikes to help overcome deflation
- will seek wage hike to improve economy
Call me ol' fashioned but if deflation still persists then wage hikes are less needed by the workers. Perhaps there's something lost in translation*
There has been chatter for a while now about the govt raising the minimum wage by upto 3%. Latest post today here from Eamonn
Last week BOJ gov Kuroda said he'd be watching the wage talks "with great interest"
*As Bud points out in the comments thread inflation can of course be encouraged by higher wages. I was just referring to the present needs of the workers.
