June 02, 2022 - 10:55 AM 252 views
On Thursday, Japan’s Chief Cabinet Secretary, Hirokazu
Matsuno, said that the government is willing to increase the average minimum labor
wage to 1,000 yen. Because, as previously, the average minimum labor wage on an
hourly basis is just JPY900.
There has been no further information released on the subject.
When last seen, the USD/JPY currency pair was trading at 130.11 points, which remained unchanged for a day. The rise in the pair was fueled by fresh strength in the US dollar and rising Treasury yields.