Japan's population has been shrinking for 15 years, with huge implications for the country's economy, national defense, and culture. Now, policymakers are working to boost birth rates.

Using prefectural data, we study the potential impact on wage dynamics of the planned minimum wage increase policy in Japan. Our main result is that stepping up minimum wage growth from 2 to the ...

In 2024, 720,988 babies were born in the country, marking the ninth consecutive year of decline in child births.

The Japanese government says urgent policy changes are needed to persuade women to have more children. Japan currently has one of the lowest birth rates in the world. Discrimination in the workplace ...

The government said Thursday it expects wage growth in Japan to outpace the ... "a world with interest rates" following the Bank of Japan's policy rate hikes. In addition to raising the minimum ...

The mixed wage and spending data highlights Japan's challenging growth outlook, as the export-reliant economy faces tariff threats and uncertainty over monetary policy. Economists are expecting to ...

That suggests discussions may have touched upon Japan's monetary policy, as both wages and prices are key to the timing and pace of further interest rate hikes by the BOJ. Sources have told ...

Dilin Wu, a research strategist at Pepperstone, believes labor shortages due to Japan's restrictive immigration policies and market expectations of a 5% wage increase in 2025 helped pave the way ...

NAGOYA--Bank of Japan ... wage-driven inflationary pressure to heighten, as the economy continues to improve and companies keep hiking pay," he said, adding the focus for the BOJ's monetary policy ...

TOKYO (Reuters): Japan's government on ... in January underpinned by steady wage gains and a solid corporate sector. "Executive orders of various policies such as an immigration policy and energy ...

Japanese real wages decreased for a third consecutive month in March, squeezed by relentless inflation although consumer ...