Japan's nominal cash earnings rose 2.0 percent year-on-year in November 2018, above the 1.5 percent increase in the previous month and market expectations of 1.3 percent. It was the highest growth rate in five months. Regular pay, which accounts for the bulk of monthly wages, grew 1.6 percent (vs an upwardly revised 1.5 percent in October), while one-off special payments, including bonuses, jumped 9.7 percent (vs 2.4 percent). Overtime pay, a barometer of strength in corporate activity, rose an annual 1.1 percent after climbing 1.7 percent. Real wages grew 1.1 percent after a 0.1 percent drop in the previous month. Wage Growth in Japan averaged 3.29 percent from 1972 until 2018, 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
2018-10-05 12:00 AM Average Cash Earnings YoY 0.9% 1.6% 1.3% 1.9%
2018-11-07 12:00 AM Average Cash Earnings YoY 1.1% 0.8% 1.40%
2018-12-07 12:00 AM Average Cash Earnings YoY 1.5% 0.8% 1% 1%
2019-01-09 12:00 AM Average Cash Earnings YoY 2% 1.5% 1.3% 0.7%
2019-02-08 12:00 AM Average Cash Earnings YoY 2% 1.52%
2019-03-09 12:00 AM Average Cash Earnings YoY
2019-04-06 12:00 AM Average Cash Earnings YoY


Japan Labour Last Previous Highest Lowest Unit
Unemployment Rate 2.50 2.40 5.50 1.00 percent [+]
Employed Persons 67130.00 66880.00 67130.00 38370.00 Thousand [+]
Unemployed Persons 1730.00 1680.00 3680.00 490.00 Thousand [+]
Part Time Employment 7202.00 7400.00 7400.00 1988.00 Thousand [+]
Full Time Employment 22300.00 22074.00 22384.00 19397.00 Thousand [+]
Employment Rate 60.40 60.60 63.50 55.90 percent [+]
Labor Force Participation Rate 61.90 62.00 74.00 58.50 percent [+]
Youth Unemployment Rate 3.50 3.40 10.90 1.60 percent [+]
Productivity 104.90 102.10 120.40 68.30 Index Points [+]
Job Vacancies 972.37 978.21 1026.96 266.29 Thousand [+]
Wages 321210.00 304414.00 883791.00 52914.00 JPY/Month [+]
Wages in Manufacturing 366945.00 334906.00 868487.00 9785.00 JPY/Month [+]
Wage Growth 2.00 1.50 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 [+]


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 January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.00 1.50 35.02 -7.10 1972 - 2018 percent Monthly
NSA




Country Last Previous
Argentina 3.83 Oct/18
Australia 2.30 Sep/18
Euro Area 2.40 Sep/18
France 0.40 Jun/18
Germany 1.50 Sep/18
Italy 1.70 Nov/18
Japan 2.00 Nov/18
Netherlands 2.36 Dec/18
Russia 4.60 Nov/18
Switzerland 0.80 Jun/18
United Kingdom 3.40 Nov/18
United States 4.20 Nov/18


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