Japan is planning the biggest minimum wage hike since it set a pay floor in 1978
Briefly

An advisory panel called for raising Japan's minimum wage by 50 yen, the highest jump since 1978, to 1,054 yen per hour, benefiting low-income households amid inflation.
PM Kishida aims to raise the minimum wage to 1,500 yen by the mid-2030s, with measures to boost productivity and automation to meet the goal.
Rising wages follow significant wage gains for workers, aiding low-income households affected by inflation and sluggish consumption impacting Japan's economy.
Read at Fortune Asia
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