FILE PHOTO: Japanese Prime Minister Fumio Kishida speaks during his press conference, after the parliament re-elected him as prime minister following an election victory last month by his ruling Liberal Democratic Party, in Kantei, Japan November 10, 2021. Stanislav Kogiku/ Pool via REUTERS
November 25, 2021
TOKYO (Reuters) – Japanese Prime Minister Fumio Kishida is considering urging the business sector to raise wages at next year’s annual wage negotiations with labour unions, public broadcaster NHK reported on Friday.
Some in Kishida’s administration are calling for targeting an average wage hike of around 3%, NHK said.
The proposal is expected to be discussed at a panel led by Kishida to be held later on Friday.
(Reporting by Leika Kihara; Editing by Chang-Ran Kim)