Japan's Labor Unions Push for Record Minimum Wage Hike Amid Inflation

Japan's labor unions are pushing for a record minimum wage hike, sparking resistance from corporate lobbies grappling with inflation.

The unions demand an unprecedented increase of 75 yen to the national average hourly wage, which would elevate it from 1,121 yen to 1,196 yen (approximately KES 1,010).

This aggressive wage posturing reflects a structural shift in Japan's economy, which is wrestling with persistent inflation and a weakened yen.