Nominal wages in Japan rose 1.8% in July 2022 from a year ago, increasing for the seventh consecutive month but slowing from a downwardly revised 2% gain in June. Wages increased mainly in the following industries: accommodations, eating & drinking services (13%), living-related & personal services & amusement services (5.7%), scientific research, professional & technical services (5.4%), manufacturing (3.4%) and medical, health care & welfare (2.9%). On the other hand, wages decreased in the following industries: compound services (-1.5%), education, learning support (-0.8%), mining, quarrying of stone & gravel (-0.7%) and electricity, gas, heat supply & water (-0.7%). Meanwhile, Japan’s real wages fell 1.3% yoy in July, declining for the fourth straight month as consumer prices outstripped the rise in nominal wages. source: Ministry of Health, Labour and Welfare, Japan

Wage Growth in Japan averaged 3.05 percent from 1972 until 2022, reaching an all time high of 35.02 percent in July of 1974 and a record low of -7.10 percent in June of 2009. This page provides - Japan Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Japan Average Cash Earnings YoY - data, historical chart, forecasts and calendar of releases - was last updated on September of 2022.

Wage Growth in Japan is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan Average Cash Earnings YoY is projected to trend around 0.80 percent in 2023, according to our econometric models.

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Japan Average Cash Earnings YoY



Calendar GMT Actual Previous Consensus TEForecast
2022-08-04 11:30 PM Jun 2.2% 1% 1.1%
2022-09-05 11:30 PM Jul 1.8% 2% 1.9%
2022-10-06 11:30 PM Aug 1.8%


Related Last Previous Unit Reference
Part Time Employment 7164.00 7100.00 Thousand Jul 2022
Full Time Employment 22296.00 22358.00 Thousand Jul 2022
Job Vacancies 892.39 865.44 Thousand Jul 2022
Wages 440780.00 563246.00 JPY/Month Jul 2022
Wages in Manufacturing 590275.00 566005.00 JPY/Month Jul 2022
Wage Growth 1.80 2.00 percent Jul 2022
Minimum Wages 930.00 902.00 JPY/Hour Oct 2021
Retirement Age Women 64.00 63.00 Sep 2022
Retirement Age Men 64.00 63.00 Dec 2022
Jobs To Applications Ratio 1.29 1.27 Jul 2022

Japan Average Cash Earnings YoY
In Japan, wage growth refers to changes in average cash earnings, including contractual and special cash earnings, in companies with five or more employees.
Actual Previous Highest Lowest Dates Unit Frequency
1.80 2.00 35.02 -7.10 1972 - 2022 percent Monthly
NSA

News Stream
Japan Nominal Wages Rise for 7th Month
Nominal wages in Japan rose 1.8% in July 2022 from a year ago, increasing for the seventh consecutive month but slowing from a downwardly revised 2% gain in June. Wages increased mainly in the following industries: accommodations, eating & drinking services (13%), living-related & personal services & amusement services (5.7%), scientific research, professional & technical services (5.4%), manufacturing (3.4%) and medical, health care & welfare (2.9%). On the other hand, wages decreased in the following industries: compound services (-1.5%), education, learning support (-0.8%), mining, quarrying of stone & gravel (-0.7%) and electricity, gas, heat supply & water (-0.7%). Meanwhile, Japan’s real wages fell 1.3% yoy in July, declining for the fourth straight month as consumer prices outstripped the rise in nominal wages.
2022-09-06
Japan Nominal Wages Rise to 4-Year High
Nominal wages in Japan rose 2.2% in June 2022 from a year ago, increasing for the sixth straight month and accelerating at the fastest pace in four years. Wages increased mainly in the following industries: construction (12.8%), transport & postal activities (11.8%), accommodation, eating & drinking services (10.9%), information & communication (9.8%) and mining & quarrying of stone & gravel (6.3%). On the other hand, wages decreased in the following industries: electricity, gas, heat supply & water (-8.9%), scientific research, professional & technical (-0.7%) and wholesale & retail trade (-0.4%). Meanwhile, Japan’s real wages fell 0.4% YoY in June, declining for a third straight month as consumer prices rose faster than nominal wages, presenting a challenge to policymakers that are trying to sustain consumers’ purchasing power.
2022-08-05
Japan Nominal Wages Rise in April
Nominal wages in Japan rose 1.7% in April 2022 from a year earlier, increasing for the fourth straight month. Wages increased mainly in the following industries: mining & quarrying (8.4%), accommodations, eating & drinking services (7.5%), construction (4.2%), information & communications (4.1%) and education & learning support (3.4%). On the other hand, wages decreased in the following industries: compound services (-5.8%), electricity, gas, heat supply & water (-0.6%) and real estate & goods rental (-0.3%). Meanwhile, Japan’s real wages posted the largest drop in four months in April, as a surge in inflation eclipsed the rise in nominal wages and eroded workers’ purchasing power. This highlighted the challenge policymakers face as they seek to soften the blow to Japanese households from rises in global energy and raw material prices that are widely pushing up the cost of food and many other essentials.
2022-06-07