Prime Minister Shigeru Ishiba has set a bold new goal for Japan – to increase the minimum wage to ¥1,500 before the end of the decade, a significant boost from the current rate of ¥1,055 per hour.
During a recent news conference after taking office, Ishiba announced his ambitious plan to improve living standards for workers across the country.
This initiative demonstrates Ishiba’s determination to address income inequality and ensure fair compensation for Japan’s labor force. By raising the minimum wage, he aims to enhance the quality of life for many Japanese citizens and stimulate economic growth.
This proposal has the potential to revolutionize the country’s labor market and create a more equitable society for all. As Japan looks towards the future, Ishiba’s vision for a higher minimum wage signals a new era of progress and prosperity for the nation.