Japan's nominal cash earnings declined 0.2 percent year-on-year in May 2019, following an upwardly revised 0.3 percent fall in the previous month and compared to market expectations of a 0.6 percent drop. It was the fifth consecutive month of decrease in earnings. Regular pay, which accounts for the bulk of monthly wages, dropped 0.6 percent in May (vs -0.1 percent in April), while one-off special payments climbed 2.5 percent (vs -5.3 percent in April). Overtime pay increased 0.8 percent (vs -1.9 percent). Real wages went down 1.0 percent, after a downwardly revised 1.4 percent fall in the previous month. Wage Growth in Japan averaged 3.25 percent from 1972 until 2019, 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.

Japan Total Cash Earnings Growth
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Calendar GMT Actual Previous Consensus TEForecast
2019-04-04 11:30 PM Average Cash Earnings YoY Feb -0.8% -0.6% 0.8% 1%
2019-05-09 11:30 PM Average Cash Earnings YoY Mar -1.9% -0.7% -0.5% -0.2%
2019-06-06 11:30 PM Average Cash Earnings YoY Apr -0.1% -1.3% -0.7% -1.4%
2019-07-08 11:30 PM Average Cash Earnings YoY May -0.2% -0.3% -0.6% 0.3%
2019-08-05 11:30 PM Average Cash Earnings YoY Jun -0.2% 0.5%
2019-09-05 11:30 PM Average Cash Earnings YoY Jul
2019-10-07 11:30 PM Average Cash Earnings YoY Aug


Japan Labour Last Previous Highest Lowest Unit
Unemployment Rate 2.40 2.40 5.50 1.00 percent [+]
Employed Persons 66940.00 67020.00 67320.00 38370.00 Thousand [+]
Unemployed Persons 1620.00 1680.00 3680.00 490.00 Thousand [+]
Part Time Employment 7332.00 7392.00 7413.00 1988.00 Thousand [+]
Full Time Employment 22251.00 22202.00 22384.00 19397.00 Thousand [+]
Employment Rate 60.70 60.50 63.50 55.90 percent [+]
Labor Force Participation Rate 62.20 62.10 74.00 58.50 percent [+]
Youth Unemployment Rate 3.80 3.90 10.90 1.60 percent [+]
Productivity 95.50 110.60 120.40 68.30 Index Points [+]
Job Vacancies 1010.64 969.91 1026.96 266.29 Thousand [+]
Wages 313061.00 311069.00 883791.00 52914.00 JPY/Month [+]
Wages in Manufacturing 349097.00 342841.00 868487.00 9785.00 JPY/Month [+]
Wage Growth -0.20 -0.30 35.02 -7.10 percent [+]
Minimum Wages 874.00 848.00 874.00 663.00 JPY/Hour [+]
Population 126.71 126.93 128.06 83.20 Million [+]
Retirement Age Women 62.00 62.00 62.00 60.00 [+]
Retirement Age Men 62.00 62.00 62.00 60.00 [+]
Jobs To Applications Ratio 1.62 1.63 1.93 0.42 [+]


Japan Total Cash Earnings Growth

In Japan, wage growth refers to changes in average cash earnings, including contractual and special cash earnings, in companies with five or more employees. This page provides - Japan Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Japan Total Cash Earnings Growth - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-0.20 -0.30 35.02 -7.10 1972 - 2019 percent Monthly
NSA




Country Last Previous
Argentina 2.77 Apr/19
Australia 2.30 Mar/19
Canada 2.90 Apr/19
Euro Area 2.50 Mar/19
France 0.80 Mar/19
Germany 1.20 Mar/19
Italy 1.60 May/19
Japan -0.20 May/19
Netherlands 2.34 Jun/19
Russia 2.30 Jun/19
Spain 4.62 May/19
Switzerland 0.50 Mar/19
United Kingdom 3.40 May/19
United States 3.59 May/19


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