“This is perhaps the beginning of a change of era”: in Japan, wage increases are making a comeback after 30 years of scarcity

Tokyo

The end of thirty-three years of wage winter in Japan?

We could hope for this at the end of the first results of the

shunto

, the traditional spring salary negotiations which frame the dialogue between company management and house unions, published on Friday.

Rengo, the main trade union center in the country (1.4 million employees represented through 771 company unions), announced a first estimate of an increase of 5.28%, an unprecedented figure “since 1991”.

All day long, small and big names in national capitalism competed in publicity, talking about unprecedented boosts for a quarter of a century, from the Osho restaurant chain, "king of gyoza", to Toyota, leader global automobile.

Champion in all categories: the steelmaker Nippon Steel, which granted a 14.2% increase to its employees - more than what they demanded.

Also readJapan: recession and fall of the world economic podium

“

Perhaps this is the beginning of a changing era in Japan.

Workers and management…

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